Deep Tide TechFlow News, March 3rd, according to TheEnergyMag, Core Scientific (NASDAQ: CORZ) disclosed in its annual report that it plans to sell all approximately 2,500 Bitcoin reserves in the first quarter of 2026 to improve liquidity and fund capital expenditures for expanding AI computing hosting business. As of December 31, 2025, the company held 2,537 Bitcoin, valued at $222 million (based on an average price of $101,639 per Bitcoin in 2025), a significant increase from 256 Bitcoin at the end of 2024. This strategic shift aligns with industry trends, as several publicly listed mining companies like Cango, Bitdeer, and Riot have recently adjusted their Bitcoin monetization strategies to support transformation toward AI and data center infrastructure.
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Core Scientific plans to sell 2,500 Bitcoins in Q1 and shift focus to AI business
Deep Tide TechFlow News, March 3rd, according to TheEnergyMag, Core Scientific (NASDAQ: CORZ) disclosed in its annual report that it plans to sell all approximately 2,500 Bitcoin reserves in the first quarter of 2026 to improve liquidity and fund capital expenditures for expanding AI computing hosting business. As of December 31, 2025, the company held 2,537 Bitcoin, valued at $222 million (based on an average price of $101,639 per Bitcoin in 2025), a significant increase from 256 Bitcoin at the end of 2024. This strategic shift aligns with industry trends, as several publicly listed mining companies like Cango, Bitdeer, and Riot have recently adjusted their Bitcoin monetization strategies to support transformation toward AI and data center infrastructure.