stableMixedDIGITAL ASSETS
Core Scientific Exits Bitcoin Mining to Focus on Data Centers
2 signals from 2 sources·Updated 13h ago
Momentum
38/100
Affected tickers
CORZ
Summary
Core Scientific sold nearly all its Bitcoin holdings and is transitioning to a pure-play AI data center provider. The company reported a 187% revenue increase as colocation services now account for 92% of total income.…
Impact
Contributing sources (2)
- Core Scientific to exit Bitcoin mining by year-end to focus on AI data centers · cointelegraph.com · 2 days ago
- Core Scientific sells 816 BTC, pivots to AI data centers as mining winds down · cryptobriefing.com · Yesterday
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