Core Scientific (CORZ) Stock Falls 11% After Setting Year-End Bitcoin Mining Exit

Core Scientific stock closed 10.82% lower at $11.38 on Thursday. The company expects to finish its Bitcoin mining wind-down in Q4 2026. Mining made up just 7.5% of $232.9 million in Q3 revenue. Colocation brought in $215.4 million, more than 14 times last year's level. Nearly 50% fewer miners were online in September.