Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Core Scientific plans to sell about 2,500 bitcoin in Q1 to support its AI transformation

Core Scientific plans to sell about 2,500 bitcoin in Q1 to support its AI transformation

BlockBeatsBlockBeats2026/03/03 06:59
Show original

BlockBeats News, March 3, bitcoin mining company Core Scientific expects to sell all of its approximately 2,500 bitcoins in the first quarter of 2026 to enhance liquidity and provide funding for capital expenditures related to its AI computing power hosting expansion.


In the annual report submitted on Monday, the company stated that "currently, it is expected that most" of the bitcoin reserves will be sold in the first quarter, but the specific timing and amount will depend on market conditions and liquidity needs, and may be adjusted. As of December 31, 2025, Core Scientific held 2,537 bitcoins. (TheEnergyMag)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!