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Bitcoin mining exit

Company: Core Scientific

Subject kind
guidance
Statement date
2026-11-05
Promised by
2026-12-31
Current status
stated

The claim, verbatim

Core Scientific expects to complete its exit from Bitcoin mining during the fourth quarter and enter 2027 focused on high-density colocation.

Source (primary)

What Core Scientific (CORZ) Said on Its Q3 Earnings Call - Yahoo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Core Scientific expects to complete its exit from Bitcoin mining during the fourth quarter and enter 2027 focused on high-density colocation”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms What Core Scientific (CORZ) Said on Its Q3 Earnings Call - Yahoo Finance

Quote: “Core Scientific expects to complete its exit from Bitcoin mining during the fourth quarter and enter 2027 focused on high-density colocation”

View cached copy (2026-11-06)Live source ↗Archive.org ↗

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”

View cached copy (2026-11-06)Live source ↗Archive.org ↗