Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues
Burns Brief
The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.
Key Takeaways
- The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10