Core Scientific: After selling 816 BTC in the third quarter, only 32 BTC remain

Bitcoin News posted on platform X that the 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 only held 32 BTC on its balance sheet.

Core Scientific held over 9,600 BTC at its peak in 2022, and management stated that its Bitcoin mining operations will end on December 31, 2026. Third-quarter revenue was $233 million, with hosting business revenue at $215 million and mining business revenue of approximately $17.5 million; its power contracts with AI clients CoreWeave and AMD totaled 1.12 gigawatts.