Core Scientific plans to sell approximately 2,500 Bitcoin in Q1 to support AI transformation

BTC-0,96%

BlockBeats News, March 3 — Bitcoin mining company Core Scientific (NASDAQ: CORZ) plans to sell all approximately 2,500 of its Bitcoin holdings in the first quarter of 2026 to improve liquidity and fund capital expenditures related to its AI computing expansion.

In its annual report filed on Monday, the company stated, “It is currently expected that the majority” of its 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)

View Original
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

Presidio Bitcoin Quick Interview Discusses Bitcoin and AI Intersection

Gate News: On March 19, PresidioBitcoin participated in a quick interview, answering 21 questions in 21 minutes to discuss topics related to Bitcoin, artificial intelligence, and digital innovation. The interview focused on the intersection of cryptocurrency and AI technology, including AI applications to enhance blockchain efficiency and Bitcoin's role in the evolution of the digital economy.

GateNews32m ago

Singapore Ride-hailing Platform Ryde Incorporates Cryptocurrency Into Corporate Balance Sheet

Gate News: On March 19th, Singapore-based ride-hailing platform Ryde announced that it will incorporate cryptocurrency into its corporate balance sheet, becoming one of the enterprises in the sector to adopt a digital asset allocation strategy. This move marks a bold attempt by Ryde in asset management. Currently, an increasing number of enterprises are beginning to allocate digital assets such as Bitcoin on their balance sheets, and corporate asset allocation strategies are showing a diversified trend.

GateNews38m ago

North Carolina proposes bill to establish state Bitcoin reserve

North Carolina has proposed legislation to create a strategic Bitcoin reserve, allowing the state to invest in and manage Bitcoin. The initiative aims to enhance cryptocurrency adoption and could inspire other states to follow suit, diversifying state assets.

GateNews52m ago

BTC rises 0.77% in 15 minutes: rebound driven by active buyers overlapping with safe-haven fund resonance

From 2026-03-19 19:00 to 19:15 (UTC), BTC price fluctuated within the range of 69802.0 to 70547.9 USDT, with volatility reaching 1.07%, recording a return rate of +0.77%. Short-term trading activity drove increased market attention, with volatility strength exceeding the daily average, attracting rapid capital participation. The main driver of this price movement was concentrated active buy orders in the spot market, pushing BTC price up sharply in the short term. On-chain data shows that transfer volume during the 19:00-19:15 interval exhibited no extreme changes, and there were no large whale transfers. Weighing spot market and

GateNews2h ago

BTC Breaks Through 70,000 USDT

Gate News bot message, Gate market data shows BTC has broken through 70000 USDT, current price 70010.6 USDT.

CryptoRadar2h ago
Comment
0/400
No comments