Core Scientific, a major U.S. Bitcoin mining company, announced it plans to sell nearly all of its Bitcoin holdings in the first quarter of 2026. The company currently holds 2,537 $BTC, valued at about $222 million as of December 31, 2025. This sale will help fund Core Scientific’s expansion into AI data centers, marking a shift from relying solely on cryptocurrency mining to generating diversified revenue.
Bitcoin miner Core Scientific (NASDAQ: CORZ) expects to sell roughly all of its 2,500 $BTC holdings in Q1 2026 to boost liquidity and fund capital expenditures tied to its AI colocation expansion. In its annual report filed Monday, the company said the majority of sales are…
— Wu Blockchain (@WuBlockchain) March 3, 2026
Core Scientific Expands Into AI Computing
Core Scientific is leveraging its 1.3 GW power capacity to host high-demand AI workloads. The company expects AI hosting contracts to deliver 3-5 times higher profit margins than Bitcoin mining. By selling most of its Bitcoin holdings, the company can secure the liquidity it needs to scale these AI operations. In addition, the company aims to strengthen partnerships with firms like CoreWeave, increasing its capacity to serve enterprise clients.
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