Core Scientific

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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.
(Shutterstock)

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Bitcoin Miners Powered Off as Winter Storm Battered North America
Computing power on the Bitcoin network dropped about 40% over the weekend.
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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.
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Bitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy
Bitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy
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...
Bitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy

Core Scientific's Marble facility in North Carolina (Core Scientific)
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.
Core Scientific's Marble facility in North Carolina (Core Scientific)

Core Scientific's Marble facility in North Carolina (Core Scientific)
Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report
A source told CNBC that bankruptcy proceedings would not impact operations.
Core Scientific's Marble facility in North Carolina (Core Scientific)

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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."
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Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)
Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)
Sam Bankman-Fried's FTX empire has $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors. Fidelity should reconsider allowing retail clie...
Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)

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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.
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Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scien...
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers