After bankruptcy Core Scientific expects to gain back $46 million

Furthermore, Core Scientific expects that despite the delays in the proceedings of the bankruptcy and after the market conditions get more favourable, it will be able to add about $46 million ... Read More

Core Scientific moves for September bankruptcy exit, expects $46M boost

A restructuring plan for bankrupt Bitcoin miner Core Scientific could be finalized by September and it expects to exit proceedings with an additional $46 million due to recent favorable market ... Read More

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support ...

The miner expects support from some of its convertible noteholders in the form of two debtor-in-possession (DIP) facilities, totaling up to $75 million, Core Scientific said in a press release. Read More

Bitcoin miner Core Scientific gets court approval for restructuring

A U.S. bankruptcy judge on Tuesday approved Core Scientific's Chapter 11 restructuring, allowing the bitcoin mining company to cut $400 million in debt and emerge from bankruptcy by the end of ... Read More

Core Scientific Bankruptcy Approves $70M Financing Deal From B. Riley

The federal judge overseeing bitcoin miner Core Scientific's (CORZ) Chapter 11 bankruptcy process approved a $70 million loan from B. Riley Commercial Capital that will help the company get back ... Read More

Core Scientific drops 10% after $400 million convertible senior ... - MSN

Shares in Bitcoin miner Core Scientific dropped just over 10% following its announcement of offering up to $400 million in convertible senior notes to investors, up from the initial $350 million a ... Read More

Core Scientific drops 10% after $400 million ... - Cointelegraph

Bitcoin miner Core Scientific’s stock dropped 10% in the last trading session after news the company is offering $400 million in convertible senior notes to investors. Read More

CoreWeave to acquire Core Scientific in $9 billion deal

CoreWeave’s $9 billion acquisition of Core Scientific boosts its AI infrastructure with 1.3 gigawatts capacity, driving faster growth and long-term cost savings. Read More

Crypto miner Core Scientific expects to emerge from bankruptcy in ...

Core Scientific was delisted after the bankruptcy proceedings began. It had gone public in mid-2021 through a merger with a blank-check company in a deal that at the time valued the miner at $4.3 ... Read More

Cryptominer Core Scientific files for bankruptcy, but will keep on ...

One of the largest publicly traded US cryptocurrency miners has filed for Chapter 11 bankruptcy. Core Scientific was valued at $4.3 billion when it went public via a special purpose acquisition ... Read More

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support ...

The bankruptcy of Core Scientific, which accounts for about 10% of computing power on the bitcoin network, operating 143,000 mining rigs and hosting another 100,000 is the biggest one yet and is ... Read More

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support ...

Core Scientific (CORZ), one of the largest bitcoin (BTC) miners by computing power, filed for bankruptcy protection on Wednesday and reached a deal with some of its lenders to restructure its debt ... Read More