# Core Scientific increases Bitcoin holdings by 301 BTC to 848 BTC > Source: > Published: 2026-07-28 14:10:07+00:00 Via intellectia.ai # Core Scientific increases Bitcoin holdings by 301 BTC to 848 BTC The addition marks a notable shift for a company that spent early 2026 aggressively liquidating its Bitcoin treasury to fund AI infrastructure ambitions. Core Scientific has added 301 BTC to its balance sheet, bringing its total Bitcoin holdings to 848 BTC. The purchase is a curious move for a company that spent the first quarter of this year doing the exact opposite: selling nearly every coin it had. For context, Core Scientific held 2,537 BTC at the end of 2025. By March 31, 2026, that figure had cratered to just 547 BTC. The company sold roughly 1,900 BTC in January alone for $175 million, averaging about $92,100 per coin. The stated goal was straightforward: convert digital assets into cash to bankroll a pivot toward AI and high-performance computing data centers. ## From sell-off to re-accumulation A company that loudly declared it would dispose of “nearly all” its remaining Bitcoin in 2026, per its own 10-K filing, just bought 301 coins. The new total of 848 BTC represents a significant jump from the 547 BTC the company reported holding at the end of Q1. Core Scientific isn’t a small operation. As of Q1 2026, the company was sitting on $1.01 billion in cash equivalents. Its digital assets at that point were valued at roughly $37.3 million. ## The AI pivot remains the main story Core Scientific’s broader strategy hasn’t changed. The company is transforming itself from a pure-play Bitcoin miner into a hybrid operation that also provides high-density data center infrastructure for AI workloads. That pivot has attracted serious institutional backing. Morgan Stanley extended a financing agreement worth up to $1 billion, designed to help Core Scientific scale its contracted power capacity. ## What this means for investors For shareholders, the signal is mixed but potentially constructive. A company with $1.01 billion in cash buying 301 BTC isn’t making a bet-the-farm wager on Bitcoin. The risk for investors is execution. Running world-class AI data centers requires different expertise than running mining rigs. The financing is in place, the cash is abundant, but the competitive landscape for AI infrastructure includes players like Equinix and Digital Realty that have been doing this for decades. Core Scientific’s advantage is its existing power infrastructure and cooling capabilities, which translate well to AI workloads. Traders should watch whether Core Scientific continues accumulating Bitcoin in the coming quarters. If the 848 BTC figure climbs further, it would represent a definitive strategic reversal from the liquidation playbook outlined in the company’s 2025 annual filing. **Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our [Editorial Policy](https://cryptobriefing.com/editorial-policy/).