Core Scientific Rebuilds Bitcoin Treasury Amid Shift to AI Computing

Core Scientific has been rebuilding its Bitcoin treasury after seeing its balance sheet shrink at the start of this year. The miner, which operates data centers across several US states, had a total of 848 Bitcoins worth over $54 million as of the second quarter. This is up from just 547 coins in Q1 and a much smaller number earlier this year.

The company finished 2025 with 2,537 Bitcoins but started aggressively selling coins to fund its transition to the AI and high-powered computing industry. Core Scientific has now added 301 more coins to its balance sheet through mining operations.

This move is part of a larger trend among top publicly listed miners shifting resources towards providing infrastructure for high-powered computing. Core Scientific recently signed a deal with chipmaker AMD for 2.5 gigawatts of data center capacity, giving the company access to more than 500 megawatts of AI-ready data center capacity.