Core Scientific sold 816 BTC in the third quarter of 2026, cutting its holdings to 32 BTC, a 96% reduction, according to its quarterly report. The company plans to halt Bitcoin mining entirely by December 31, 2026, and focus fully on high-density colocation and AI data centers in 2027. Quarterly revenue reached $232.9 million, up 187% year over year, with colocation generating $215.4 million. Billed capacity stood at 485 MW, while contracts with CoreWeave and AMD totaled 1,120 MW. Direct exposure to Bitcoin’s price is now minimal, leaving performance increasingly dependent on AI infrastructure demand and contract execution.
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