Exit Bitcoin mining in Q4 2026; pure-play colocation in 2027
Company: Core Scientific
The claim, verbatim
Management expects to exit Bitcoin mining in the fourth quarter of 2026 and enter 2027 as a pure-play colocation provider.
Source (primary)
Can Core Scientific’s Business Pay For Its Spending? - Trefis (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “Management expects to exit Bitcoin mining in the fourth quarter and enter 2027 as a pure-play colocation provider.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The article, dated November 2026, says management expects to exit Bitcoin mining in the fourth quarter and enter 2027 as pure-play colocation, which places the exit in Q4 2026.
Confirmed in the source:
- Management expects Core Scientific to exit Bitcoin mining in the fourth quarter of 2026
- Management expects the company to enter 2027 as a pure-play colocation provider
What we did: Read our cached copy of the publisher (https://www.trefis.com/stock/corz/articles/623702/can-core-scientifics-business-pay-for-its-spending/2026-11-07) in full (12,109 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Can Core Scientific’s Business Pay For Its Spending? - Trefis
Quote: “Management expects to exit Bitcoin mining in the fourth quarter and enter 2027 as a pure-play colocation provider.”