According to Stock Talk (@stocktalkweekly), Core Scientific ($CORZ) is attempting to confirm a breakout above its 200-day moving average, displaying clean daily candles indicative of strong price action. Notably, there has been aggressive out-of-the-money (OTM) call option flow, signaling bullish sentiment among institutional traders. However, Stock Talk notes that the volume profile could be stronger for a more convincing breakout confirmation (Source: Stock Talk on Twitter, June 9, 2025). This price action and options activity in $CORZ are significant for cryptocurrency market participants, as Core Scientific is a major bitcoin mining stock. A sustained breakout could signal renewed bullish momentum for mining-related crypto assets.

According to Farside Investors, their updated Bitcoin mining production chart shows a notable decline in production for $CORZ. The data for $WULF has been removed due to the unavailability of monthly production data. This information highlights potential concerns for traders monitoring these companies for mining productivity trends.