Core Scientific, Inc. (NASDAQ:CORZ) is one of the crypto stocks with huge upside potential. On March 9, Citizens reiterated a Market Outperform rating on Core Scientific, Inc. (NASDAQ:CORZ) and a $30 price target. Amid the positive stance, the research firm also revised its estimates for the company’s fourth-quarter 2025 results to reflect the lower contribution from Bitcoin mining.

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The company is increasingly expanding its footprint in high-performance computing as it seeks to reduce its reliance on Bitcoin mining operations. Citizens views the transition to HPC business as a core driver of long-term value, as the company remains well-positioned to execute additional leases.

Core Scientific has already closed a $500 million loan facility with Morgan Stanley. The new credit line is poised to support the company’s strategic moves into the HPC business. The company has also completed the acquisition of a new site in Texas and the expansion of power capacity facilities in Georgia and Texas.

Core Scientific, Inc. (NASDAQ:CORZ) is a leading provider of high-density data center infrastructure, specializing in hosting AI and high-performance computing (HPC) workloads. While historically a major Bitcoin miner, the company is pivoting to support AI cloud infrastructure, colocation, and digital asset mining across its purpose-built data centers

While we acknowledge the potential of CORZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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