CoinWorld reported that Nasdaq-listed Bitcoin mining company Core Scientific released its financial performance report for the second quarter of fiscal year 2025, which disclosed that the second-quarter mining revenue was $62.4 million, down from $110.7 million in the same period last year, mainly due to a 62% decline in Bitcoin mining output; additionally, the company's digital asset custody mining revenue was $5.6 million, also lower than $24.8 million in the same period last year, with a gross profit of $5 million, compared to $38.8 million in the same period last year. In response to market concerns about the opposition to selling to CoreWeave in all-stock form, Core Scientific stated that the transaction is still pending, requiring approval from the company's shareholders and customary closing conditions, including approval from applicable regulatory agencies.