Core Scientific (CORZ), a $BTC miner, is poised to become a major player in AI hosting, as Canaccord Genuity initiated coverage with a buy rating and a $16 price target. The announcement has led to a 1.4% increase in Core Scientific's stock price, reaching $12.15. Additionally, Core Scientific has secured a significant 12-year contract with a hyperscaler, further bolstering its position in the AI hosting market. The company has also seen a remarkable 248% increase in its stock year-to-date.