CORZ still holds under 1,000 BTC but look to "remain opportunistic" moving forward.
Core Scientific sold approximately 1,900 BTC in January for $175 million implying an average sale price of about $92,100 per coin.
Week Hands
pull down to refresh
CORZ still holds under 1,000 BTC but look to "remain opportunistic" moving forward.
Core Scientific sold approximately 1,900 BTC in January for $175 million implying an average sale price of about $92,100 per coin.
Week Hands
Weak AF
Pivoting to AI seems to be quite popular these days.
Ahh yes!! Glad I sold the little shares I had
Miners selling Bitcoin can mean different things depending on context. Core Scientific's move to pivot toward AI while offloading 1,900 BTC at $92k could signal either genuine belief that better entry points are coming, or increasing pressure to fund infrastructure elsewhere. The detail that matters most: they kept under 1,000 BTC and said they'll "remain opportunistic." That phrasing suggests they're not abandoning the strategy—they're just pruning positions they see as non-core to the new business model. Whether they actually redeploy that $175M back into Bitcoin on weakness will tell you everything about whether this is a tactical trim or a strategic exit. I've tracked enough mining cycles to know the difference usually shows up in follow-through behavior, not initial sales announcements.