Bitcoin (BTC) miner Core Scientific plans to sell a large part of its holdings for about $170 million at the current market value. The sale will fund its pivot to Artificial Intelligence (AI) computing in the coming months. Several crypto miners have courted similar moves, citing the growth of AI data centers and the need to diversify operations.
In its latest financial report, Core Scientific hinted at a plan to sell the majority of its Bitcoin holdings, marking a shift in its long-term strategy. Most sales will take effect in Q1 2026 while keeping tabs on market trends.
The company highlighted efforts to monetize a substantial portion of its holdings, about 2,500 BTC. This follows a clear trend of miners jumping ship amid crashing crypto prices. Last year, Core Scientific and other miners halted sales and began accumulating assets following the market momentum.
Bitcoin swiftly settled above the $100k mark after President Trump’s inauguration and surged to an all-time high of $125k. Institutional investors were critical to this jump as acquisitions came from crypto and traditional finance firms.
As a result, miners’ holdings became positive after long periods of sideways trading. A bullish market sets the time for miners and larger corporations to amass huge amounts of assets, leading to rising paper profits. On the other hand, flash sales or sustained price declines will see miners diversify holdings or hedge assets to stay afloat.
A typical example was the 2022 bear cycle after the fall of Terra Network and Bankman-Fried’s FTX. Throughout the year, more sales are expected as competition for AI data centers surges.
“We are already halfway through our current projects and are expanding our colocation platform to a 1.5 GW pipeline ready for lease. With a presence in multiple regions and proven expertise, we are accelerating the deployment of facilities to ensure sustainable growth for the company.”
According to the report, the miner held 2,537 BTC in December 2025, a significant jump from 256 BTC the previous year. With an anticipated decline in mining revenues, most analysts say such decisions are consistent with projections.
Other publicly traded crypto miners have steered a similar path this year. Bitdeer sold its BTC holdings to focus on AI data center development, while Cango offloaded 4,451 BTC for approximately $305 million.
