Q1 2026 mining asset impairments
Company: Core Scientific
The claim, verbatim
Core Scientific recorded $266.5 million in mining-related asset impairments in the first quarter of 2026, citing weaker Bitcoin prices, historically low hashprice and falling mining equipment values.
Source (primary)
Core Scientific to quit Bitcoin mining by year-end as AI business surges - FXStreet (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “Core Scientific recorded $266.5 million in mining-related asset impairments in the first quarter of 2026”
How we checked this
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Additional evidence
confirms Core Scientific to quit Bitcoin mining by year-end as AI business surges - FXStreet
Quote: “Core Scientific recorded $266.5 million in mining-related asset impairments in the first quarter of 2026”