Exit from Bitcoin mining by year-end 2026
Company: Core Scientific
The claim, verbatim
CEO Adam Sullivan said Core Scientific expects to complete its exit from Bitcoin mining by the end of 2026.
Source (primary)
Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - Yahoo Finance (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “We expect to complete our exit from Bitcoin mining by year-end.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article quotes Sullivan on the November 5, 2026 call saying the company expects to finish exiting Bitcoin mining by year-end, which in context means the end of 2026.
Confirmed in the source:
- CEO Adam Sullivan made the statement on the earnings call
- Core Scientific expects to complete its exit from Bitcoin mining by year-end
- The year-end referred to is the end of 2026, given the November 2026 Q3 call and the plan to enter 2027 as a pure-play colocation provider
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/crypto/articles/core-scientific-quitting-bitcoin-mining-195250741.html) in full (13,141 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - Yahoo Finance
Quote: “We expect to complete our exit from Bitcoin mining by year-end.”
confirms Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - 24/7 Wall St.
Quote: “We expect to complete our exit from Bitcoin mining by year-end.”