Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI

BTC-3,68%

Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to strengthen liquidity and fund AI-focused data center expansion. The move reflects a broader shift among public miners pivoting toward high-performance computing.

CORZ Plans Q1 Bitcoin Exit for AI Push

Core Scientific (NASDAQ: CORZ) is preparing to part with most of its bitcoin treasury as it pivots more aggressively toward artificial intelligence (AI) infrastructure.

In its latest annual filing, the company disclosed that it expects to sell most of its 2,500 BTC holdings during the first quarter of 2026. The report did not confirm whether any sales have already occurred.

As of December 31, 2025, Core held 2,537 BTC valued at $222 million, based on a 2025 average price of $101,639 per coin. That balance marked a dramatic jump from just 256 BTC at the end of 2024, with all coins generated through self-mining operations. The buildup came even as Core committed significant capital to high-density colocation projects designed to support AI and other compute-intensive workloads.

“During 2026, we currently expect to monetize substantially all of our bitcoin holdings, subject to market conditions, to enhance liquidity and fund our planned capital expenditures and other cash requirements,” the company said in the filing.

Now, that approach appears to be reversing. Across the sector, public miners are increasingly monetizing crypto holdings to fund AI and high-performance computing (HPC) initiatives.

Cango sold 4,451 BTC for roughly $305 million to reduce leverage and support its AI transition. Bitdeer reduced its bitcoin treasury to zero, while Riot Platforms disclosed selling 5,363 BTC in 2025 for $535.5 million.

The pattern is clear: miners are evolving into hybrid infrastructure providers. Bitcoin once served as a balance sheet hedge; now, it’s becoming working capital for data center expansion.

If bitcoin prices remain elevated, the planned Q1 liquidation could provide Core with substantial financial flexibility. But it also signals a strategic recalibration, one where compute power, not coin accumulation, defines the next growth chapter.

FAQ🤖

  • How much bitcoin does Core Scientific plan to sell?
    Core Scientific expects to sell the majority of its 2,500 BTC holdings during Q1 2026, depending on market conditions and liquidity needs.
  • Why is Core Scientific selling its bitcoin reserves?
    The company aims to strengthen liquidity and fund capital expenditures tied to its AI and high-density colocation infrastructure expansion in the United States.
  • How large was Core’s bitcoin treasury at year-end 2025?

Core held 2,537 BTC valued at approximately $222 million as of December 31, 2025.

  • Are other U.S. bitcoin miners selling BTC for AI projects?
    Yes, companies like Cango, Bitdeer, and Riot Platforms have also sold significant bitcoin holdings to fund AI and high-performance computing initiatives.
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