The mining business will end on December 31, 2026, and Core Scientific held only 32 BTC after selling 816 BTC in the third quarter
Odaily reports: Bitcoin News posted on X that publicly listed Bitcoin mining company Core Scientific sold 816 BTC in the third quarter, accounting for 96% of its holdings; as of September 30, it held only 32 BTC on its balance sheet. Core Scientific held more than 9,600 BTC at its peak in 2022, and management stated that the Bitcoin mining business will end on December 31, 2026. Third-quarter revenue was $233 million, of which hosting business revenue was $215 million and mining business revenue was approximately $17.5 million; its power contracts with AI customers CoreWeave and AMD reached a total scale of 1.12 gigawatts.
