Core Scientific (NASDAQ: CORZ) disclosed in its annual report that it… — Stergen Encryption — TG.ME

Core Scientific (NASDAQ: CORZ) disclosed in its annual report that it expects to sell all of its approximately 2,500 Bitcoin reserves in the first quarter of 2026 to enhance liquidity and fund capital expenditures for the expansion of its AI computing hosting business. As of December 31, 2025, the company held 2,537 Bitcoins, with a total value of $222 million (based on an average price of $101,639 per Bitcoin in 2025), a significant increase from 256 Bitcoins at the end of 2024. Recently, several listed mining companies such as Cango, Bitdeer, and Riot have also adjusted their Bitcoin monetization strategies to support their transformation towards AI and data center infrastructure.😱😱😱
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March 15, 2026 1.1K