On March 4th, Bitcoin mining company Core Scientific disclosed that it is selling part of its Bitcoin reserves to fund its transition into artificial intelligence and high-performance computing (HPC) infrastructure. According to the company’s latest 10-K filing, between December 2025 and February 2026, it has sold a total of 1,924 Bitcoins, generating approximately $176 million in cash.
On-chain data platform Bitcoin Treasuries shows that Core Scientific still holds about 613 Bitcoins, worth around $42 million. Meanwhile, the company plans to transform its data center in Pecos, Texas, from traditional Bitcoin mining operations to a hosting facility to meet the growing demand for AI computing power.
Industry experts believe this adjustment reflects a shift in the business model of Bitcoin mining companies. As energy costs rise and mining profit margins decline, more miners are exploring new revenue streams such as data centers, AI hosting, and high-performance computing. Previously, several mining companies, including CleanSpark, Riot Platforms, and IREN, have initiated similar strategic transformations.
At the same time, the reduction of reserve assets by Bitcoin mining firms has prompted the market to reassess the sustainability of the “Digital Asset Treasury (DAT)” model. Another major miner, MARA Holdings, recently adjusted its asset strategy to allow the sale of Bitcoin on its balance sheet, indicating a significant change from its previous long-term HODL strategy.
Market analysts note that, in the context of Bitcoin’s failure to reach new all-time highs, some companies are placing greater emphasis on cash flow and capital efficiency. Currently, Bitcoin is priced at around $68,000, down about 11% over the past month and nearly 27% over the past three months.
However, not all companies are reducing their holdings. The publicly traded company Strategy (formerly MicroStrategy), which holds the largest Bitcoin position, continues to adhere to its long-term HODL strategy. Its founder, Michael Saylor, recently reiterated that the company is still buying Bitcoin. Nonetheless, the company’s CEO, Phong Le, previously acknowledged that in extreme market conditions, the company might theoretically sell some of its Bitcoin reserves to manage liquidity risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
South Korean Police Plan to Establish Guidelines for Seizing Privacy Coins; Virtual Assets Confiscated Over Past Five Years Valued at 545 Billion Won
The Korean National Police Agency is developing new virtual asset seizure management guidelines, incorporating handling of privacy coins for the first time. The new regulations will clarify software wallet management, address virtual asset custody gaps, and improve law enforcement efficiency. Police plan to designate private custodian institutions, while experts recommend establishing a centralized public custody mechanism to reduce risks. This reform has been prompted by recent Bitcoin theft incidents, driving the management system's transition toward the digital asset era.
区块客4m ago
UK Prime Minister Candidate Nigel Farage Increases Bitcoin Treasury Company Stack BTC Plc Holdings to 4.9 Million Shares
Gate News Alert: On March 18, according to BitcoinTreasuries.NET monitoring, UK Prime Minister candidate Nigel Farage increased his holdings in bitcoin treasury company Stack BTC Plc (STAK) by 606,500 shares, valued at $783,000. After the increase, Nigel Farage currently holds 4.9 million shares of the company, with a total value of $638,000.
GateNews8m ago
Over 40,000 Bitcoin Swept Up in a Week, Strategy Plays Fixed Income Game with STRC Loans
Bitcoin rebounded during Middle East conflict, with MicroStrategy successfully attracting capital through its preferred stock STRC, cumulatively increasing its holdings by over 40,000 bitcoins. STRC, serving as a stable yield instrument, has become a new financing channel for MicroStrategy, driving its market performance and liquidity. While this model faces high dividend pressure and requires continuous yield improvements to maintain appeal, STRC has effectively connected traditional capital with bitcoin demand, opening up a new financing model.
PANews18m ago
3 Reasons Bitcoin Everlight Beats Traditional BTC Mining
The method for securing the Bitcoin network has remained largely unchanged for over a decade, relying primarily on energy-intensive Proof-of-Work. However, as the industry matures and environmental concerns intersect with rising hardware costs, many participants are re-evaluating their approach to B
BlockChainReporter25m ago
Robert Kiyosaki Warns Of Biggest Crash In History: Makes Shocking Gold, Silver And BTC Price Predictions
Robert Kiyosaki has once again pushed a dramatic warning into financial markets. The author of _Rich Dad Poor Dad_ posted a message on March 16 that described what he believes could become the largest financial bubble collapse in history. His comments
CaptainAltcoin28m ago
