core scientific

Business

Core scientific

BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan

BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.

By Aoyon Ashraf

Sponsored

Dec 30, 2022 at 7:25 p.m. UTC

Dec 30, 2022

Core ScientificBankruptBlackRockLoansMining

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Business

Bitcoin mining

Bitcoin Miners Powered Off as Winter Storm Battered North America

Computing power on the Bitcoin network dropped about 40% over the weekend.

By Eliza Gkritsi

Sponsored

Dec 26, 2022 at 10:54 a.m. UTC

Dec 26, 2022

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Business

Core scientific

Inside Core Scientific’s Prearranged Bankruptcy

The world’s biggest publicly traded bitcoin miner filed for Chapter 11 protection Wednesday. Here’s more details on what that means.

By Eliza Gkritsi

Sponsored

Dec 21, 2022 at 10:17 p.m. UTC

Dec 21, 2022

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Business

Bitcoin mining

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders

The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.

By Aoyon AshrafEliza Gkritsi

Sponsored

Dec 21, 2022 at 9:17 a.m. UTC

Dec 21, 2022

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Business

Mining

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

A source told CNBC that bankruptcy proceedings would not impact operations.

By Sam Reynolds

Sponsored

Dec 21, 2022 at 6:30 a.m. UTC

Dec 21, 2022

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Business

Bitcoin mining

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy

Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."

By Aoyon Ashraf

Sponsored

Dec 14, 2022 at 8:37 p.m. UTC

Dec 14, 2022

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Business

Core scientific

Bitcoin Mining Giant Core Scientific Ended October With $32M in Cash

Core Scientific reiterated it could run out of cash before the end of the year as lawsuits are piling up.

By Eliza Gkritsi

Sponsored

Nov 22, 2022 at 1:17 p.m. UTC

Nov 22, 2022

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Business

Core scientific

Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report

The company last week warned it may have to explore bankruptcy as its financial condition worsens.

By Aoyon Ashraf

Sponsored

Nov 1, 2022 at 3:58 p.m. UTC

Nov 1, 2022

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Business

Core scientific

Troubled Bitcoin Miner Core Scientific's Shares Continue to Plunge on Bankruptcy Risk

The shares fell another 15% Friday after a rough week amid financial woes and analyst downgrades.

By Michael Bellusci

Sponsored

Oct 28, 2022 at 7:02 p.m. UTC

Oct 28, 2022

Core ScientificBitcoin Miningstock performanceAnalyst RatingsBankruptcy

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Business

Core scientific

Bitcoin Miner Core Scientific's Shares Plummet After Bankruptcy Warning

The world's largest bitcoin miner said it will not make payments that are due in the next few days as its reserves dwindle.

By Jamie CrawleySheldon Reback

Sponsored

Oct 27, 2022 at 10:22 a.m. UTC

Oct 27, 2022

Core Scientific

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