Bitcoin miner Core Scientific files for bankruptcy plan

2023-6-21 16:30

Core Scientific stated that its liquidity got a boost since filing for chapter 11 bankruptcy. It cited rising Bitcoin prices, increased network hash rate, and lower energy costs as reasons for The post Bitcoin miner Core Scientific files for bankruptcy plan appeared first on AMBCrypto.

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Core Scientific reveals $434 million loss in Q3

Core Scientific (NASDAQ: CORZ), a publicly traded crypto miner that’s facing increased possibility of bankruptcy, has revealed a $434 million loss for the period ending September 30, 2022. The Bitcoin miner shows in a filing with the US Securities and Exchange Commission (SEC) that its third quarter losses stood at $434,792,000 at the end of […] The post Core Scientific reveals $434 million loss in Q3 appeared first on Invezz.

2022-11-23 18:42