BlackRock Inc. purchased 28,122,262 shares of Core Scientific, Inc. during the second quarter.
The investment represents an 8.75% ownership stake in the digital infrastructure provider. The position is valued at approximately $719.6 million. BlackRock disclosed the transaction in a Form 13F filing on August 23, 2026.
Core Scientific provides high-density colocation services for artificial intelligence and digital asset mining. Other institutional investors have also recently established or increased their positions in the company.