Just caught Core Scientific's Q4 numbers and they're pretty disappointing to be honest. Revenue came in at $79.8M, way below the $122M Wall Street was looking for. Per-share loss hit $0.42 versus the expected $0.08 - not great. Meanwhile Riot Platforms absolutely crushed it with $647.4M in revenue, blowing past the $157.4M forecast. Interesting contrast.

Core's shifting hard into hosting and colocation for AI and high-performance computing though, which makes sense given how tight mining margins got after last year's halving. They're adding about 730 megawatts of capacity across multiple regions, with Texas being a major focus. CEO Adam Sullivan mentioned they're halfway through their existing builds and targeting 1.5 gigawatts of leasable capacity. Could be a smarter play long-term than pure self-mining at this point.

On the trading side, noticed XRP had a sharp move intraday from around $1.36 down to $1.33 on heavy volume - looked like real selling pressure rather than just thin liquidity. Price is now below the $1.35 support level, with resistance sitting around $1.40-$1.41. The follow-through will be interesting to watch.