**[Core Scientific Q4 Revenue Declines, Bitcoin Mining Income Drops Sharply, Accelerates Transition to Data Center Infrastructure]** Odaily Planet Daily reports that Bitcoin mining company Core Scientific has released its Q4 2025 financial report, showing mixed performance. Against the backdrop of the company accelerating its transition to high-density data center colocation services, mining revenue has significantly declined. The financial report reveals that the company’s total revenue for the fourth quarter was $79.8 million, down from $94.9 million in the same period of the previous year. Specifically, Bitcoin mining revenue dropped to $42.2 million, compared to $79.9 million in Q4 2024, marking a significant decline. However, the company emphasized that its data center colocation service revenue surged to $31.3 million, up from $8.5 million in 2024. This growth was primarily driven by the expansion of colocation operations. The colocation model refers to enterprises renting non-owned computing infrastructure for deployment. Core Scientific CEO Adam Sullivan stated that the company’s ongoing construction projects are more than halfway completed, and the colocation platform is being expanded to a pipeline capacity of 1.5 GW for leasing. With its multi-regional presence and mature execution capabilities, the company is accelerating the commissioning of multiple sites to drive long-term sustainable growth. In terms of profitability, gross profit for the fourth quarter rose to $20.8 million, up from $4.8 million in the same period of 2024. However, the company’s adjusted EBITDA remained at -$42.7 million, indicating continued profitability pressures during the transition.