Core Scientific, a Nasdaq-listed Bitcoin mining firm, reported a 55% decline in Bitcoin mining output for the third quarter of 2025. The company's financial report revealed a decrease in revenue from self-mining digital assets to $57.4 million, compared to $68.1 million in the same period last year. Managed mining revenue also fell, reaching $8.7 million. Despite these declines, Core Scientific held $453.4 million in cash and cash equivalents and $241.4 million in Bitcoin by the end of the quarter.
Core Scientific Reports 55% Drop in Q3 Bitcoin Mining Output
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