CORZ

Nvidia reported earnings that beat expectations and issued a strong forward outlook, lifting sentiment across AI-adjacent sectors including Bitcoin mining stocks. Crypto miners with AI/HPC exposure saw gains as Nvidia's results signaled continued robust demand for GPU infrastructure. The article draws a direct link between Nvidia's performance and the rally in Bitcoin miner equities.

South Carolina Governor has signed Senate Bill 163, which prohibits state agencies from accepting or using central bank digital currency (CBDC) payments. The bill also provides legal protections for Bitcoin miners by shielding them from discriminatory zoning and licensing regulations. This makes South Carolina one of the states to formally codify pro-Bitcoin mining protections and an explicit CBDC ban into law.

Leopold Aschenbrenner, a former OpenAI researcher, is reportedly backing crypto miners as a key component of a $13.6 billion AI investment strategy. The thesis appears to center on repurposing or leveraging crypto mining infrastructure for AI compute workloads. No specific mining companies or deal terms are confirmed in the headline.

Core Scientific reported a $347 million net loss for the quarter, with Bitcoin production falling 45% year-over-year to 279 BTC. Its AI/HPC colocation hosting segment surpassed Bitcoin mining to become the company's largest revenue source. The shift reflects the company's ongoing strategic pivot away from pure-play Bitcoin mining toward high-performance compute hosting.

Core Scientific sold $208 million worth of bitcoin in Q1 2026 as the company continues its strategic pivot toward AI-focused operations. The large-scale bitcoin liquidation signals a shift in the company's asset strategy away from crypto holdings. No additional financial details or guidance figures were provided in the article.