Paloma Partners Reduces Core Scientific Position as Mining Efficiency and Costs Shape the Bitcoin Cycle

2026-02-20 13:56:55 ET

According to an SEC filing dated February 17, 2026, Paloma Partners Management Co reduced its holdings in Core Scientific by 2,547,000 shares. The estimated transaction value, based on the average closing price for the fourth quarter of 2025, was $44.41 million. The fund’s position value fell by $46.32 million over the quarter, reflecting both trading activity and share price movement. Paloma Partners now holds 185,000 shares, valued at $2.69 million at year-end.

Following the sale, Core Scientific now accounts for 0.49% of Paloma Partners Management Co's reportable U.S. equity assets.

Top five holdings after the filing:

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