Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
The bear market in crypto has taken a toll on the mining industry, particularly on leveraged firms, as high ...
Tag: Scientific
Core Scientific offloads 27,000 mining rigs to NYDIG to cover $38M loan
Bankrupt crypto miner Core Scientific would transfer its ownership of 27,403 mining machines to crypto lender NYDIG to pay ...
Bitcoin Miner Core Scientific to Borrow $70M From B. Riley
The firm said the loan will enable it to replace an existing facility and give it "up to 15 ...
Core Scientific under investigation over securities fraud
New York-based firm Pomerantz LLP has initiated an investigation against Core Scientific over concerns that its executives were involved ...
Core Scientific to Shut Down Celsius Crypto Mining Equipment
Celsius is not only Core's largest customer, with more than 37,000 machines hosted in its facilities, but one of ...
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific a New $17M Loan
BlackRock, which is Core Scientific's largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes ...
Public BTC mining companies face $4B in liabilities, Core Scientific leads the pack
Public Bitcoin (BTC) mining companies collectively have liabilities that amass to over $4 billion, according to Hashrate Index.Owing the ...
SBF to return to US; Core Scientific files for bankruptcy; Deribit transfers ETH to Alameda
The biggest news in the cryptoverse for Dec. 15 includes SBF’s extradition to US approved, Deribit transferred 10k ETH ...
Bitcoin miner Core Scientific files for bankruptcy, has over $1B in liabilities
Publicly traded crypto miner Core Scientific filed for Chapter 11 bankruptcy protection on Dec. 21 at the Southern District ...
Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection
The company filed for Chapter 11 at Southern District of Texas bankruptcy court. The mines estimated liabilities are between ...
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