Why is Core Scientific dumping all its Bitcoin?

Core Scientific announced it sold 1,900 Bitcoin in January and plans to sell its remaining holdings in Q1 2026. The miner holds fewer than 1,000 BTC as of Tuesday. The sales aim to fund AI expansion and data center investments. The CFO said 2025 was a "transitional year" for the company, with most of its revenue coming from Bitcoin mining.

Load More