💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
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1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
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🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
Core Scientific reported a net profit of $580 million in the first quarter, mainly due to adjustments in the valuation of warrants.
PANews reported on May 8 that Core Scientific, a Nasdaq-listed Bitcoin mining company, achieved a net profit of $580.7 million in Q1 2025, doubling year-on-year, mainly due to a non-cash gain of $621.5 million from warrants adjusted by market capitalization after last year’s bankruptcy restructuring. Despite a sharp year-on-year decline in revenue to $7.95 million, the company is transforming and expanding its high-performance computing business and has signed a large energy services agreement with CoreWeave, which is expected to bring in $360 million in revenue next year.