PANews|Mar 03, 2026 07:05
[Core Scientific Plans to Sell Approximately 2,500 Bitcoins in Q1 2026 to Support AI Transformation]
According to The Energy Mag, Bitcoin mining company Core Scientific stated in its annual report that it expects to sell its entire holding of approximately 2,500 Bitcoins in the first quarter of 2026 to enhance liquidity and fund capital expenditures related to its AI computing hosting expansion. As of December 31, 2025, Core Scientific holds 2,537 Bitcoins with a fair value of $222 million, calculated at an average price of $101,639 per Bitcoin in 2025. This holding represents a significant increase from the 256 Bitcoins held at the end of 2024, all of which were produced through the company’s self-operated mining.
Previously, it was reported that Core Scientific’s Q4 revenue dropped to $79.8 million due to a decline in Bitcoin mining income.
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