【Core Scientific: Q2 mining output declined by 62% year-on-year, merger transaction with CoreWeave still requires shareholder approval】Golden Finance reported that Nasdaq-listed Bitcoin mining company Core Scientific announced its financial performance report for the second quarter of fiscal year 2025, which disclosed that the mining revenue for Q2 was $62.4 million, down from $110.7 million in the same period last year, primarily due to a 62% decrease in Bitcoin mining output; in addition, the company's digital asset custody mining revenue was $5.6 million, also down from $24.8 million in the same period last year, with a gross profit of $5 million, compared to $38.8 million in the same period last year. In response to market concerns regarding opposition to selling to CoreWeave in an all-stock deal, Core Scientific stated that the transaction is still pending, and this transaction requires approval from the company's shareholders as well as customary closing conditions, including approval from applicable regulatory agencies.

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