Exit from bitcoin mining by year-end 2026
Company: Core Scientific
The claim, verbatim
Core Scientific expects to complete its exit from bitcoin mining by year-end 2026, with the wind-down finishing in the fourth quarter, and enter 2027 as a pure-play high-density colocation provider.
Source (primary)
Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million - Bitcoin Magazine (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “We expect to complete our exit from Bitcoin mining by year end.”
How we checked this
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Additional evidence
confirms Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million - Bitcoin Magazine
Quote: “We expect to complete our exit from Bitcoin mining by year end.”
confirms Core Scientific to Wind Down Bitcoin Mining By Q4 2026 as AI Takes Over - Coinpedia
Quote: “Core Scientific plans to fully exit Bitcoin mining operations by the end of Q4 2026.”
confirms Core Scientific to quit Bitcoin mining by year-end as AI business surges - FXStreet
Quote: “We expect to complete the wind-down during the fourth quarter and enter 2027 as a pure-play, high-density colocation provider”
confirms Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance
Quote: “Chief Financial Officer Jim Nygaard said the company will enter 2027 as a pure-play high-density colocation (equipment leasing) business.”
confirms Core Scientific targets Bitcoin mining exit as AI revenue grows - grafa.com
Quote: “We expect to complete the wind-down during the fourth quarter and enter 2027 as a pure-play, high-density colocation provider”
confirms [Core Scientific Q3 2026 Earnings Call] Colocation Revenue Jumps 60% to $215M, Adjusted EBITDA Triples to $134M as CoreWeave Capacity Hits 485 MW - BigGo Finance
Quote: “reaffirmed that it will exit Bitcoin mining by year-end, becoming a pure-play high-density colocation provider”