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via CoinDesk · By CoinDesk Staff

Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues

BTC

BTC/USDT

$79,963.76

+0.27%

$79,963.76

+0.27%

(24s)

24h Volume

$6,887,426,214.71

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

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Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

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▼ -0.02%

Volume (24h): -

Resistance Levels

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Resistance 2$81,908.22

Resistance 1$80,157.58

Price$79,812.01

Support 1$79,635.96

Support 2$77,523.79

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.7

CoinDesk Staff

(10:08 AM UTC)

1 min read

Updated byEmily Watson

0 comments

The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.

Core Scientific (CORZ) reported a $347.2 million first-quarter loss even as revenue rose to $115.2 million, as the former bitcoin mining heavyweight sold 2,385 bitcoin for $208.3 million and wrote down $266.5 million of mining-related assets.

The company said the bitcoin…

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CoinDesk Staff · CoinDesk

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