Todd Duchene sells 132,810 shares (132.8K) at avg $14.25; retains 2,048,700 shares in Bitcoin miner as stock falls 12.0% in 30 days vs 52-week high $18.23.
Todd Duchene executed 2 separate sales totaling 132,810 shares for $1,892,571.84 on January 2-3, 2025, reducing his stake by 6.1% while retaining substantial holdings of 2,048,700 shares. The sales occurred at an average price of $14.25, occurring as Core Scientific's stock has declined 12.0% over the prior 30 days and trades 15.6% below its 52-week high of $18.23. The company faces significant operational headwinds: full-year net income was negative at $-455,259,000.00, annual revenue contracted 21.5% year-over-year, and the latest quarterly revenue of $95,354,000.00 reflects continued shrinkage. The timing of the sale follows a 26.2% 90-day gain, after which the stock has retreated sharply. Given Duchene's continued substantial ownership post-transaction, this activity does not signal full conviction loss, but the sale size and market conditions warrant investor scrutiny of the company's near-term trajectory.