Core Scientific Director Elizabeth Crain Purchases 6,000 Shares
Elizabeth Crain, a director at Core Scientific (NASDAQ: CORZ), purchased 6,000 shares of the company's common stock on August 20, 2026. The transaction was disclosed in an SEC Form 4 filing and totaled $109,980 based on a weighted average price per share of $18.33. Following this purchase, Crain now holds 71,348 shares directly, with the post-transaction value estimated at approximately $1.3 million as of August 20 market close. The stock closed at $18.39 on that day and dropped slightly to $17.81 by the following trading session. Core Scientific operates in digital asset mining and colocation services, with a current market capitalization of $5.5 billion. The company reported trailing twelve-month revenue of $440.3 million but also recorded a net loss of -$1.6 billion during that period. Crain's purchase is notable as it reflects confidence in the stock despite recent price volatility and financial losses, which may signal optimism to investors.
Tickers: $CORZ
Topics: Core Scientific insider buying SEC Form 4