Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million

Core Scientific (CORZ) will exit bitcoin mining by year-end, entering 2027 as a pure-play AI colocation landlord. Self-mining revenue has dropped to $12.3 million, while colocation revenue hits $215 million. The company completes its wind-down in Q4, shifting focus entirely to AI infrastructure.