Crypto & Finance📰 Based on 1 sourceLOW

Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues

Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues
Verdict

This is a developing story.

The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.

  • The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.

Source Analysis

⚠️ Single-source story — treat as developing
CoinDeskCore Scientific sold $208 million of bitcoin in Q1 as AI pivot continues

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