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Articles about Core Scientific·9 found

MiningMacro
2 Sources

Core Scientific Shifts to AI Hosting, Reports $80M Profit While Mining Revenue Falls 56%

Core Scientific reported a 56% decline in Bitcoin mining revenue during Q2 while generating $80 million in profit from i...

Aug 22, 2026, 01:01 PM
Core ScientificBitcoin
MiningAdoption

Core Scientific Shifts to AMD AI Data Centers as Bitcoin Mining Winds Down

Core Scientific signed an agreement with AMD to deploy AI accelerators across its data center footprint, marking an acce...

Jul 28, 2026, 05:01 PM
Core ScientificAMD
MiningMacro

Riot Platforms Reports 500 BTC Custody Transfer Amid AI Funding Pressure

Riot Platforms moved 500 BTC from its custody holdings, raising questions about whether the transfer signals a sale to f...

Jul 5, 2026, 04:01 AM
Riot PlatformsMarathon Digital
MiningMacro

TeraWulf Acquires Kentucky Site for AI Computing, Signals Shift From Pure Bitcoin Mining

TeraWulf disclosed Tuesday it has acquired a Kentucky site designed for over 1 gigawatt of AI and high-performance compu...

May 26, 2026, 03:12 PM
TeraWulfMarathon Digital
MiningAdoption

Core Scientific Sells $208M in Bitcoin to Fund AI Data Center Pivot

Core Scientific liquidated 2,385 bitcoin for $208.3 million in Q1 2026 to finance its shift toward AI data center operat...

May 7, 2026, 07:01 PM
Core ScientificBitcoin
MiningMacro

Core Scientific Acquires Bitcoin Miner Polaris as Stock Rises 11%

Core Scientific announced Tuesday it will acquire Bitcoin miner Polaris in a strategic expansion move. The company's sto...

May 6, 2026, 06:04 PM
Core ScientificPolaris
MarketsTechnology

Core Scientific Raises $3.3B, Pivots From Bitcoin Mining to AI Data Centers

Core Scientific announced a $3.3 billion senior secured notes offering to fund its strategic shift from Bitcoin mining t...

Apr 23, 2026, 01:34 PM
Core ScientificBitcoin
Markets

Core Scientific $3.3B Debt Raise Fuels AI Data Center Expansion

Core Scientific announced a $3.3 billion debt offering to fund AI data center expansion and refinance existing obligatio...

Apr 22, 2026, 02:35 PM
Core ScientificAI data centers
Markets

Core Scientific's $3.3 Billion Bond Sale: A Bold Move Towards AI Data Centers

Core Scientific aims to revolutionize its business model with a $3.3 billion bond sale to invest in AI data centers. Thi...

Apr 21, 2026, 10:31 PM
Core ScientificCoreWeave