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Core Scientific Acquires Mining Company for Approximately 66 Billion Yen to Expand AI Data Centers

2026/05/07 11:21 (Updated 2026/05/07 14:00)
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Written by Enzo
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Core Scientific Acquires Mining Company for Approximately 66 Billion Yen to Expand AI Data Centers

Repurposing Bitcoin Mining Power Infrastructure for AI Data Centers

Core Scientific (Nasdaq: CORZ), a U.S.-based digital infrastructure company, announced on the 6th that it has acquired Oklahoma-based Bitcoin (BTC) mining company Polaris DS for approximately $421 million (about 66 billion yen). This acquisition is part of the company's accelerated shift towards AI data center operations...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.