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- Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, sold just over 1,900 bitcoin in January for approximately $175 million, according to CORZ Q4 earnings call.
- The sale implies an average price of about $92,100 per BTC, about 35% higher than today's $67,000 current price, as it accelerates its shift toward AI focused data center operations.
- Chief Financial Officer Jim Nygaard said on the Q4 call the company “we also opportunistically sold just over 1,900 bitcoin for approximately $175 million,” adding, “at this time, we hold under 1,000 bitcoin and expect to remain opportunistic going forward.” On Dec.
- 31, 2025, the company held 2,537 BTC with the latest sale bringing its tally to around 630 BTC.
- Management has made clear that bitcoin mining is no longer the long term focus.
- CEO Adam Sullivan described the mining segment as “essentially in runoff,” with operations maintained primarily to meet minimum power draw requirements while legacy sites are converted into colocation facilities supporting AI and high performance computing workloads.
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Nguon tham khao: https://www.coindesk.com/markets/2026/03/03/core-scientific-sells-usd175-million-in-bitcoin-as-ai-pivot-accelerates