Core Scientific has added 301 BTC to its balance sheet, bringing its total Bitcoin holdings to 848 BTC. The purchase is a curious move for a company that spent the first quarter of this year doing the exact opposite: selling nearly every coin it had. For context, Core Scientific held 2,537 BTC at the end of 2025. By March 31, 2026, that figure had cratered to just 547 BTC. The company sold roughly 1,900 BTC in January alone for $175 million, averaging about $92,100 per coin. The stated goal was straightforward: convert digital assets into cash to bankroll a pivot toward AI and high-performance computing data centers. From sell-off to re-accumulation A company that loudly declared it would dispose of “nearly all” its remaining Bitcoin in 2026, per its own 10-K filing, just bought 301 coins. The new total of 848 BTC represents a significant jump from the 547 BTC the company reported holding at the end of Q1. Core Scientific isn’t a small operation. As of Q1 2026, the company was sitting on $1.01 billion in cash equivalents. Its digital assets at that point were valued at roughly $37.3 million. The AI pivot remains the main story Core Scientific’s broader strategy hasn’t changed. The ...
Core Scientific increases Bitcoin holdings by 301 BTC to 848 BTC
1 week ago
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