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

Bankrupt Bitcoin (BTC) miner Core Scientific could finalize its Chapter 11 restructuring plan by September after an improvement in its liquidity position prompted it to create a revised plan. Read More

Crypto Miner Core Scientific to Exit Bankruptcy - Financial Post

Judge Christopher Lopez said Tuesday he’d confirm Core Scientific’s Chapter 11 exit plan, a decision that clears the firm to emerge from bankruptcy later this month. Core Scientific said during a ... Read More

Core Scientific’s stock jumped 35% after reports that CoreWeave is in talks to buy the company

Core Scientific’s stock price shot up 35% on Thursday after The Wall Street Journal reported that CoreWeave is in talks to buy the crypto miner. The news caused a temporary halt in trading, but the ... Read More

Core Scientific files for bankruptcy as crypto winter bites

Core Scientific said in court filings that it had suffered a net loss of $434.8 million for the three months ending September 30, 2022, and had just $4 million in liquidity at the time of its ... Read More

Core Scientific may consider bankruptcy following uncertain financial condition: Report - Cointelegraph

Core Scientific claimed in an Oct. 19 court filing that Celsius owed the firm more than $2.1 million for post-petition charges and that it would continue to lose roughly $53,000 daily until its ... Read More

Crypto miner Core Scientific to exit bankruptcy - Digital Transformation News - The Financial Express

The bankruptcy is Core Scientific Inc., 22-90341, U.S. Bankruptcy Court for the Southern District of Texas (Houston). Follow us on Twitter , Facebook , LinkedIn TOPICS ... Read More

Core Scientific Analyst Emphasizes 'Access To Power' In Bitcoin Mining Assets - Deal With CoreWeave Under Focus - MSN

In what has now been extended, CoreWeave will lease 270 MW from Core Scientific for 12 years, and pay the company a total of $4.725 billion over that duration, amounting to ~$1.45 million per MW. Read More

Bitcoin miner Core Scientific borrows $70 mln to replace bankruptcy lender - Reuters

Bitcoin miner Core Scientific Inc received bankruptcy court approval on Wednesday to replace its existing bankruptcy lenders with a new $70 million loan provided by its largest junior creditor. Read More

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say - Yahoo Finance

Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors ... Read More

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say | Currency News | Financial and Business News - Markets Insider

Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing its bankruptcy said during a Monday hearing as creditors called for the ... 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 moves for September bankruptcy exit, expects $46M boost By Cointelegraph - Investing.com

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