Core Scientific is trading at $18.06 (+4.57%) after BlackRock disclosed an 8.75% ownership stake worth approximately $719.6 million, supporting investor confidence in its AI-infrastructure strategy.
- The move is company-specific: XLK declined 1.59% during the regular session; Bitcoin is only +0.37% since the previous close, while Ethereum is -0.28%.
- Trading activity is elevated relative to the recent decline, though reliable volume data was unavailable.
- The BlackRock disclosure is the clearest catalyst identified for August 25, 2026.