Tag: Scientifics

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s [...]
Inside Bitcoin Miner Core Scientific’s Prearranged Chapter 11 Bankruptcy

Inside Bitcoin Miner Core Scientific’s Prearranged Chapter 11 Bankruptcy

Most of Core Scientific’s customers that already have machines or contracts with the company’s hosting business won’t be affected by the bankruptcy, s [...]
Bitcoin Miner Core Scientific’s Lender Wants to Give Miner $72M to Avoid Bankruptcy

Bitcoin Miner Core Scientific’s Lender Wants to Give Miner $72M to Avoid Bankruptcy

B Riley said it is prepared to fund the first $40 million of the new financing immediately, with "zero contingencies." The remainder of the financing [...]
Troubled Bitcoin Miner Core Scientific’s Shares Continue to Plunge on Bankruptcy Risk

Troubled Bitcoin Miner Core Scientific’s Shares Continue to Plunge on Bankruptcy Risk

The stock garnered multiple analyst downgrades this week owing to the miner's financial concerns. Most recent was Barclays, who cut the stock to equal [...]
Bitcoin Miner Core Scientific’s Full Year Sales Rise to $545M, Beating Estimates

Bitcoin Miner Core Scientific’s Full Year Sales Rise to $545M, Beating Estimates

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
5 / 5 POSTS