AI × CryptoNeutralCoinDesk · 2h ago6/10
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Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues
Core Scientific sold $208 million in bitcoin during Q1 as it accelerates its pivot toward AI infrastructure. The company secured a major 590 MW capacity expansion contract with CoreWeave, expected to generate $10.2 billion in revenue over 12 years, signaling a strategic shift from cryptocurrency mining to AI computing services.
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