Why These 10 Firms Recorded Double-Digit Gains Last Week

5. Core Scientific Inc. (NASDAQ:CORZ)

Core Scientific jumped by 25.3 percent week-on-week to finish Friday’s trading at $8.31 versus the $6.63 registered on April 17 as investors snapped up shares ahead of the release of its first quarter earnings performance on Wednesday, May 7, 2025.

Core Scientific Inc. (NASDAQ:CORZ) registered four straight days of gains during the week, reflecting investor confidence helped by news of higher Bitcoin production last month.

According to the company, it was able to self-mine 247 Bitcoins as of end-March, marking a 15-percent increase from only 215 Bitcoins in February.

In other news, Core Scientific Inc. (NASDAQ:CORZ) announced plans to expand its existing footprint in Dalton, Georgia, with an additional 170 acres of land set for development.

The company said it was looking to build an AI data center called Dalton 4 in the area, close to its existing facilities, which it expects to open by July 2026.

According to reports, another facility is expected to be built in the future.