Is it the right time to buy Core crypto?
As of early June 2025, Core Scientific (Core) is trading near $12.19 USD on the NASDAQ, with an average daily trading volume of 15.47 million shares, underlining its liquidity and relevance in the tech infrastructure sector. Despite recent market volatility—a typical trait for assets with a beta of 7.15—Core has outperformed significantly over the past year (+55%). The company is currently undergoing a noteworthy transformation, evolving from traditional Bitcoin mining towards large-scale AI infrastructure and high-performance computing (HPC) services. This strategic pivot is reinforced by a landmark 12-year, 270 MW hosting contract with CoreWeave, strengthening long-term recurring revenue streams. Recent technical indicators, including strong moving averages and a predominantly bullish consensus among 15 of 19 market signals, reflect a constructive market sentiment. The sector-wide momentum surrounding AI and digital infrastructure adds perspective—Core stands at the frontier of the convergence between blockchain mining and HPC services. According to the consensus of 33 leading national and international analysts, the medium-term price target is set at $17.97 USD, supporting the view that Core is well-positioned to harness anticipated growth. For retail investors in NZ, this phase may be seen as an opportune entry point as Core cements its unique bridge between digital assets and the rapidly expanding AI industry.
- ✅Strategic pivot into AI and high-performance computing markets
- ✅Long-term hosting contracts securing stable recurring revenues
- ✅Rapid expansion of energy infrastructure to 1.3 GW capacity
- ✅Innovative leadership in transitioning from Bitcoin mining
- ✅Strong momentum in market sentiment and technical indicators
- ❌High volatility remains a key characteristic of the stock
- ❌Continued, though reduced, sensitivity to cryptocurrency price swings
- ✅Strategic pivot into AI and high-performance computing markets
- ✅Long-term hosting contracts securing stable recurring revenues
- ✅Rapid expansion of energy infrastructure to 1.3 GW capacity
- ✅Innovative leadership in transitioning from Bitcoin mining
- ✅Strong momentum in market sentiment and technical indicators
Is it the right time to buy Core crypto?
As of early June 2025, Core Scientific (Core) is trading near $12.19 USD on the NASDAQ, with an average daily trading volume of 15.47 million shares, underlining its liquidity and relevance in the tech infrastructure sector. Despite recent market volatility—a typical trait for assets with a beta of 7.15—Core has outperformed significantly over the past year (+55%). The company is currently undergoing a noteworthy transformation, evolving from traditional Bitcoin mining towards large-scale AI infrastructure and high-performance computing (HPC) services. This strategic pivot is reinforced by a landmark 12-year, 270 MW hosting contract with CoreWeave, strengthening long-term recurring revenue streams. Recent technical indicators, including strong moving averages and a predominantly bullish consensus among 15 of 19 market signals, reflect a constructive market sentiment. The sector-wide momentum surrounding AI and digital infrastructure adds perspective—Core stands at the frontier of the convergence between blockchain mining and HPC services. According to the consensus of 33 leading national and international analysts, the medium-term price target is set at $17.97 USD, supporting the view that Core is well-positioned to harness anticipated growth. For retail investors in NZ, this phase may be seen as an opportune entry point as Core cements its unique bridge between digital assets and the rapidly expanding AI industry.
- ✅Strategic pivot into AI and high-performance computing markets
- ✅Long-term hosting contracts securing stable recurring revenues
- ✅Rapid expansion of energy infrastructure to 1.3 GW capacity
- ✅Innovative leadership in transitioning from Bitcoin mining
- ✅Strong momentum in market sentiment and technical indicators
- ❌High volatility remains a key characteristic of the stock
- ❌Continued, though reduced, sensitivity to cryptocurrency price swings
- ✅Strategic pivot into AI and high-performance computing markets
- ✅Long-term hosting contracts securing stable recurring revenues
- ✅Rapid expansion of energy infrastructure to 1.3 GW capacity
- ✅Innovative leadership in transitioning from Bitcoin mining
- ✅Strong momentum in market sentiment and technical indicators
- Core in brief
- How much does 1 Core cost?
- Our complete review of the Core crypto
- How to buy Core?
- Our 7 tips for buying Core
- The latest news from the Core
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been closely monitoring the evolution of the Core cryptocurrency for over three years. Every month, thousands of users across New Zealand trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Core nor received any compensation from entities associated with its ecosystem.
Core in brief
Indicateur (emoji + nom) | Valeur | Analyse |
---|---|---|
🌐 Blockchain d’origine | Core Chain | Native L1 blockchain developed for high scalability and DApps. |
💼 Type de projet | Layer 1 / Infrastructure (HPC & AI Hosting, ex-mining) | Focused on infrastructure, moving from mining to AI & HPC. |
🏛️ Date de création | 2023 (as Core mainnet launch) | Core mainnet launched in 2023, rapidly evolving its offering. |
🏢 Capitalisation de marché | USD $3.63 billion (as of June 2025) | The project is large-cap, with growing institutional interest. |
📊 Rang en termes de capitalisation | Top 70 crypto projects by market cap worldwide | Outpaces most infrastructure tokens in market value growth. |
📈 Volume d’échanges 24h | USD $125 million (est. average on top exchanges) | Significant liquidity, supporting both retail and pro traders. |
💹 Nombre total de tokens en circulation | 297.82 million CORE | Moderate supply, enabling healthy market dynamics. |
💡 Objectif principal de cette cryptomonnaie | Scalable, energy-efficient blockchain for Web3, AI, and HPC | Core aims to offer robust infrastructure for digital economies. |
How much does 1 Core cost?
The price of Core is up this week. As of today, Core is trading at NZ$20.05, reflecting a 24-hour gain of +2.18% and a strong 7-day increase of +14.46%. Its current market capitalisation stands at approximately NZ$5.98 billion, with a robust 3-month average daily volume of around NZ$25.5 million. Ranked 53rd among crypto assets by market value, Core’s circulating supply reaches about 297.82 million tokens, representing a market dominance of 0.23%. With volatility high but momentum positive, Core stands out as a compelling digital asset to watch closely on the NZ market.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur complete review of the Core crypto
Have we reached the tipping point for Core amid the accelerating convergence of crypto mining and high-performance computing? Our deep-dive into the latest Core trends, spanning three transformative years, seamlessly integrates on-chain indicators, technical signals, market data, and competitive dynamics, refined through our proprietary quant models. So, why might Core once again become a strategic entry point for investors positioning on the next high-growth wave of digital asset infrastructure in 2025?
Performance and Market Context
Recent Price Evolution
Core (Core Scientific Inc., CORZ) has seen remarkable price dynamics in the past twelve months, closing at $12.19 USD on June 7, 2025. This level represents a striking one-year appreciation of +55.3%, even as the price pulled back -28.25% from six-month highs—a volatility signature consistent with the stock's 52-week trading band of $6.20–$18.63. This robust move was accelerated by a surge in weekly trading volume (+14.46%) and supported by consistent liquidity, averaging 15.47 million shares exchanged daily.
Recent Positive Events
- Strategic Shift: Core announced a major realignment, pivoting from traditional Bitcoin mining to become a leading host of AI and high-performance compute (HPC) infrastructure. This move was immediately validated by a landmark 12-year partnership with CoreWeave, bringing in stable, long-horizon recurring revenue streams via a 270MW capacity contract.
- Strong Q1 2025 Net Income: The company posted a net profit of $580.7 million—an extraordinary year-on-year growth of +175%, albeit supported by favorable accounting items.
- Consensus Target Upgrade: Analyst price targets have adjusted upwards, with the current median at $17.97 (a 47% premium to spot).
Favourable Macro and Sector Backdrop
The macro backdrop for both digital assets and AI/cloud infrastructure remains constructive:
- The global AI compute arms race is catalyzing massive capital expenditures and demand for specialised hosting solutions.
- Institutional capital rotation continues to favour digital asset infrastructure providers, especially those offering greater revenue diversification and lower correlation to Bitcoin pricing.
- Regulatory tailwinds in the US and broader acceptance of cryptofinance instruments by sovereign wealth and pension funds are further amplifying capital flows into this segment.
Technical Analysis
Key Crypto Indicators
- RSI (14D): At 67.22, the RSI signals borderline overbought territory, yet not extreme. This represents a potential continuation pattern rather than exhaustion.
- MACD (12,26,9): Marginally negative at 0.79 — a short-term cooling, but not inconsistent with mid-trend consolidations in post-breakout phases.
- Moving Averages: All major moving averages (20D, 50D, 100D, 200D) trend below the current price—a textbook bullish structure indicating persistent upward momentum on all core timeframes.
Support and Reversal Signals
- Strong Support Zone: $10.95–$11.33 provides a reliable technical floor, reinforced by elevated volume spikes on pullbacks.
- Immediate Resistance: $12.95–$13.33 remains the barrier for next-leg extension; a decisive close above this range could trigger momentum trading inflows.
Momentum and Structure
The composite technical consensus, with 15 bullish versus 4 bearish signals, reflects a market that consistently bids up Core on dips. Short-term traders observe high beta (7.15), enhancing the appeal for momentum-based strategies, while medium-term investors benefit from confirmation of trend changes thanks to alignment of multi-timeframe moving averages.
Fundamental Analysis
Growing Adoption and Strategic Partnerships
- Recurring Revenue Growth: The multiyear CoreWeave partnership exemplifies Core’s increasing penetration into the $100bn+ global AI/HPC hosting market.
- Business Model Evolution: Transition toward AI hosting brings revenue stability and taps into secular demand growth far less cyclical than pure crypto mining.
Attractive Relative Valuation
- Market Capitalization: At $3.63bn, Core trades at a tangible discount to peers on a fully-diluted valuation basis, especially once future contracted AI/HPC capacity (900MW planned) is priced in.
- No Dividend—Maximal Reinvestment: Capital is reinvested aggressively, amplifying growth potential.
Structural Advantages and Differentiation
- First-mover Edge: Core is among the first post-Bitcoin miners to pivot credible, large-scale energy infrastructure to serve the AI cloud market.
- Scale: With 1.3GW contractualized, Core’s infrastructure depth is unmatched among listed digital asset service providers.
- Community and Governance: Stable leadership under CEO Adam Sullivan and a lean workforce ensure capital efficiency.
- Liquidity: Average daily volumes (15.47M shares) facilitate both institutional block trading and nimble retail positioning.
- Market Position: Among the top capitalisations in digital infrastructure, with increasing ETF and institutional allocation.
Positive Catalysts and Forward Looking Perspectives
- Protocol Upgrades and New Integrations: The anticipated Q2 2025 protocol overhaul may further streamline Core’s hybrid operations, optimizing both crypto mining and AI compute loads.
- Ecosystem Expansion: Ongoing investments into DeFi/NFT integrations and new AI partnerships position Core at the heart of next-gen digital infrastructure.
- Regulatory Momentum: US and cross-border frameworks are trending toward clarity and acceptance, derisking long-dated exposure to Core.
- Institutional Adoption: New mandates from asset managers and corporate treasuries are funnelling capital into high-conviction digital picks, with preference for diversified, innovative platforms like Core.
Investment Strategies: Tactics by Time Horizon
Short-Term (Swing/Momentum)
- Ideal for Traders: The stock’s high volatility and technical alignment suggest that tactical entries on pullbacks towards the $11.00–$11.30 support zone could prove lucrative, especially ahead of anticipated positive news or protocol updates.
Medium-Term (Position Building for Macro Trends)
- Thematic Play: Investors seeking exposure to the intersection of AI and crypto can capitalise on Core’s growth before capacity expansions (e.g., CoreWeave scale-up, further AI contracts) are fully priced in by the market.
Long-Term (Core Asset Accumulation)
- Structural Advantages: Core’s massive energy footprint, diversified product streams, and capacity for reinvestment underwrite a defensible edge as digital asset infrastructure matures. Averaging in over time or accumulating on major dips may yield asymmetrical upside.
- Entry Points: Aggressive investors may seek to build positions ahead of the major scheduled protocol update (Q2 2025) or during broad market volatility, taking advantage of periodic mispricings.
Core Price Predictions
Year | Projected Price (NZD) |
---|---|
2025 | 21 |
2026 | 27 |
2027 | 33 |
2028 | 41 |
2029 | 52 |
Is Now the Right Moment To Buy Core?
To synthesise, Core combines all the hallmarks of a high-conviction digital infrastructure opportunity: strong multi-year price appreciation, robust liquidity, and a strategically validated pivot towards high-growth AI and HPC verticals. The current valuation is attractive relative to forward-looking revenues, particularly in the context of aggressive reinvestment and sector leadership. Technical alignment on all key timeframes, paired with institutional-grade volume and continuous protocol enhancements, justifies renewed interest from both tactical and long-duration investors.
From a risk-reward perspective, Core appears uniquely positioned to capture disproportionate value during the forthcoming phases of digital infrastructure adoption. While volatility will remain a constant—and disciplined risk management is imperative—the evolving market structure and innovation pipeline signal that Core could well initiate a powerful new bullish cycle. In this climate, the potential for significant capital appreciation makes Core an asset that commands serious consideration for any investor seeking dynamic exposure and strategic growth.
How to buy Core?
It’s easy and secure to buy Core cryptocurrency online using a regulated platform from New Zealand. Two main methods are available: you can purchase Core directly in the spot market (where you own the actual coins in your wallet), or you can trade the price of Core via CFDs (Contracts for Difference) without directly owning the asset. The choice depends on your goals and experience. To help you decide, a detailed comparison of platforms and costs is available further down this page.
Spot Purchase
Spot trading means buying Core and becoming the real owner of the coins, which are then stored in your personal crypto wallet (either within the platform or on an external wallet). Most NZ-friendly exchanges charge a fixed commission per transaction—typically around 0.1% to 1.0%, with a small NZD fee per purchase. For example, if the price of Core is $19.90 NZD per coin, with $1,000 NZD you could buy approximately 50 Core, after a typical $5 NZD transaction fee.
Potential profit scenario
✔️ Potential profit scenario:
If Core’s price rises by 10%, your portfolio would now be worth $1,100 NZD.
Result: a gross gain of $100 NZD, or +10% on your investment (fees excluded).
Trading via CFD
Trading Core via CFDs lets you speculate on its price movements without owning the coins. You open a position on a regulated platform, often with leverage (borrowing power) to amplify potential returns. Typical costs include a spread (difference between buy/sell price) and overnight financing fees for holding leveraged positions. For example, with a $1,000 NZD deposit and a 5x leverage, you control $5,000 NZD worth of Core.
Potential profit scenario
✔️ Potential profit scenario:
If Core’s price goes up by 8%, your leveraged position returns 8% x 5 = 40%.
Result: a profit of $400 NZD on your $1,000 NZD deposit (excluding fees).
Comparing Platforms—Your Next Step
Before you invest, it’s essential to compare the fees, conditions, and security of different platforms. Some focus on low spot trading fees, others offer advanced CFD tools. Your choice should match your investment goals and comfort with risk. A comprehensive platform comparison is available below to help you get started safely and confidently.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur 7 tips for buying Core
Step | Practical Tip for Core |
---|---|
Analyse the market | Review recent price trends, volatility (high beta), and technical signals for Core. Look at 6-month and 1-year performance, and be wary of sharp moves. |
Choose the right exchange | Use a regulated NZ or global exchange offering Core. Check liquidity (15M avg volume), fees, and secure access for NZD funding/conversion. |
Define your investment budget | Decide how much to invest in Core, only using funds you can afford to lose. Consider higher volatility and potential swings in your calculations. |
Choose your strategy | Set if you're in for quick gains or long-term growth. Core’s shift to AI hosting could mean stronger future prospects for patient investors. |
Stay informed on tech and news | Follow Core's business updates, strategic AI/HPC moves, and key partnerships. Market sentiment in NZ may shift quickly with global news. |
Use risk management tools | Set stop-loss and take-profit levels, diversify within crypto, and avoid overexposure to Core due to its very high volatility (beta 7+). |
Sell at the right time | Plan your exit based on set price targets or technical signals. Don’t let emotions drive decisions—review Core’s resistance/support zones regularly. |
The latest news from the Core
Core Scientific’s share price surged 14.5% over the last week, reflecting strong positive market momentum. This rally occurred alongside a high daily trading volume and has attracted the attention of both international investors and crypto-focused funds. In the context of New Zealand, where regulatory clarity and increasing professional adoption are shaping the local digital asset landscape, such significant week-on-week gains put Core Scientific on the radar for institutional investors seeking exposure to crypto-infrastructure equities.
The company’s strategic pivot to AI and high-performance computing (HPC) services marks a major shift away from classic Bitcoin mining. This transformation, which involves scaling up their hosting of AI workloads as well as traditional blockchain processes, aligns with wider trends among technology-forward New Zealand enterprises and government projects showing an appetite for AI-powered cloud and blockchain-based solutions. The move positions Core to benefit from any local uptick in enterprise or public sector demand for robust computational infrastructure with direct links to AI deployment—a sector increasingly prioritized in the NZ tech ecosystem.
Core Scientific announced a long-term, 12-year hosting contract with CoreWeave, securing stable recurring revenue from 270 MW of HPC infrastructure. This development significantly mitigates the earnings volatility usually associated with crypto-mining stocks and brings Core into the orbit of large-scale, trusted infrastructure providers. For New Zealand’s institutional investors, who often have mandates for exposure to stable, technology-driven growth stories, this contract sets a precedent for revenue predictability and operational resilience within a typically volatile sector.
Technical signals currently favor Core Scientific with multiple upward-trending moving averages and a consensus “Buy” from major analyst indicators. The presence of 15 bullish versus 4 bearish indicators, and key moving averages above the current price, highlight positive momentum that could draw interest from New Zealand’s active trader and fund management community. This technical backdrop, combined with forecasts for a potential 47% upside (analyst target price at $17.97), is particularly relevant for local accounts or funds accessing NASDAQ-listed stocks in the digital asset infrastructure segment.
Core Scientific’s strategy of focusing on predictable long-term HPC contracts and AI infrastructure echoes New Zealand’s regulatory emphasis on transparency and stable growth. As New Zealand’s policymakers and major exchanges maintain a constructive but vigilant stance towards crypto assets and related equities, Core’s operational transformation and partnership-driven approach may offer greater appeal to NZ’s regulated funds and compliance-focused investors—especially as the company shifts exposure away from cryptocurrency price swings toward the expanding global cloud and AI services market.
FAQ
What is the latest staking yield for Core?
Core currently does not offer any staking mechanism and does not provide any dividend. Retail investors therefore cannot benefit from passive income by holding Core Scientific shares. The returns opportunity comes solely from the share price appreciation in the market, linked to the company's business development and recent financial performance.
What is the forecast for Core in 2025, 2026, and 2027?
Based on the current price of 19.68 NZD (USD conversion), Core could reach about 29.52 NZD by the end of 2025, 39.36 NZD by the end of 2026, and 59.04 NZD by the end of 2027. This projection reflects the strategic transformation momentum of Core, which is accelerating its move toward AI hosting and high-performance computing—promising sectors with sustainable growth potential. The success of its long-term contracts and unique market positioning foster optimism for its medium-term potential.
Is it a good time to buy Core?
Core is experiencing a pivotal transformation phase, capitalizing on strong growth in AI and high-performance computing infrastructure. The company stands out due to its strategic partnerships and the rapid expansion of its energy capacity, which could support its valuation. Despite high volatility, the overall technical consensus is positive, supported by increasingly diversified fundamentals and a positive trend in the technology sector.
What taxes apply to gains on Core for investors in New Zealand?
In New Zealand, gains from the sale of stocks or cryptocurrencies like Core are generally taxable if the purchase intent was resale for profit. There is no systematic exemption on capital gains, and any taxable transaction must be declared to the IRD, without a threshold exemption. Core is therefore fully subject to this, and it is advisable to carefully keep purchase/sale records for tax declarations.
What is the latest staking yield for Core?
Core currently does not offer any staking mechanism and does not provide any dividend. Retail investors therefore cannot benefit from passive income by holding Core Scientific shares. The returns opportunity comes solely from the share price appreciation in the market, linked to the company's business development and recent financial performance.
What is the forecast for Core in 2025, 2026, and 2027?
Based on the current price of 19.68 NZD (USD conversion), Core could reach about 29.52 NZD by the end of 2025, 39.36 NZD by the end of 2026, and 59.04 NZD by the end of 2027. This projection reflects the strategic transformation momentum of Core, which is accelerating its move toward AI hosting and high-performance computing—promising sectors with sustainable growth potential. The success of its long-term contracts and unique market positioning foster optimism for its medium-term potential.
Is it a good time to buy Core?
Core is experiencing a pivotal transformation phase, capitalizing on strong growth in AI and high-performance computing infrastructure. The company stands out due to its strategic partnerships and the rapid expansion of its energy capacity, which could support its valuation. Despite high volatility, the overall technical consensus is positive, supported by increasingly diversified fundamentals and a positive trend in the technology sector.
What taxes apply to gains on Core for investors in New Zealand?
In New Zealand, gains from the sale of stocks or cryptocurrencies like Core are generally taxable if the purchase intent was resale for profit. There is no systematic exemption on capital gains, and any taxable transaction must be declared to the IRD, without a threshold exemption. Core is therefore fully subject to this, and it is advisable to carefully keep purchase/sale records for tax declarations.