Core Scientific Steps Away from Bitcoin Mining
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Core Scientific announced it expects to sell nearly all of its Bitcoin reserves, approximately 2,500 BTC, during the first quarter of 2026. As one of the largest U.S.-based crypto mining and blockchain infrastructure companies, Core Scientific says the sale is intended to boost liquidity and fund capital expenditures for its expansion into AI-focused compute colocation services. The company expects to sell most of its Bitcoin holdings in the first quarter, but the exact timing and amount could change depending on the market and its cash needs. As of the end of 2025, Core Scientific held 2,537 Bitcoin, worth $222 million,
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