Core Scientific, a prominent player in the U.S. Bitcoin mining landscape, has outlined a strategic roadmap to liquidate the majority of its Bitcoin holdings starting in 2026. The capital raised from these sales is earmarked for a massive operational pivot toward artificial intelligence and high-performance computing (HPC). As the cryptocurrency mining industry faces increasing competition and fluctuating rewards, Core Scientific is seeking to diversify its revenue streams by repurposing its vast power infrastructure and data centers to support AI workloads. This decision aligns with the company’s recent securing of long-term hosting contracts with AI firms, signaling a fundamental shift from digital asset accumulation to providing the underlying infrastructure for the global AI boom.
Source: Bitcoin miner Core Scientific to sell bulk of BTC holdings in 2026 to fund AI pivot
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