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As part of a new supply contract, Bitcoin mining rig maker Bitmain will be investing heavily in the Texas-based Bitcoin miner Core Scientific. …
Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific.
Bitmain, a…
Holders of the allowed debtor-in-possession claims (DIP) for
the bankrupt Bitcoin miner Core Scientific will receive full and final
satisfaction of their claims, the…
Core Scientific is just one of the many names in the crypto ecosystem that is currently battling a liquidity crisis.Core Scientific Inc (OTCMKTS: CORZQ), the…
Publicly traded bitcoin mining company Core Scientific (CORZ) filed for Chapter 11 bankruptcy protection in a federal bankruptcy court in the Southern District of…
By the end of trading on Tuesday, the company’s market capitalization had dropped to $78 million from a $4.3 billion valuation in July 2021 when the company went…