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Core Scientific

Bankman-Fried's FTX Empire Holds $1.2B Cash Reserves; Senators Ask Fidelity to Reconsider Bitcoin 401(k)
Video
Fidelity
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)
By CoinDesk Inc
Nov 22, 2022 at 9:20 p.m. UTC
Nov 22, 2022
FidelitycdtvSam Bankman-FriedFTXaab clipCore Scientificftxforarc
Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
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.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Eliza Gkritsi
Nov 22, 2022 at 1:17 p.m. UTC
Nov 22, 2022
Core ScientificEarnings
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Video
Lightning network
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
By CoinDesk Inc
Nov 1, 2022 at 7:44 p.m. UTC
Nov 1, 2022
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Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
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.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Aoyon Ashraf
Nov 1, 2022 at 3:58 p.m. UTC
Nov 1, 2022
Core ScientificMiningBitcoinDebtBankruptcy
Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
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.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Michael Bellusci
Oct 28, 2022 at 7:02 p.m. UTC
Oct 28, 2022
Core ScientificBitcoin Miningstock performanceAnalyst RatingsBankruptcy
US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning
Video
Bitcoin mining
US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning
The U.S. economy rose in the third quarter after two consecutive months of contraction. Shares of the world's largest bitcoin miner, Core Scientific (CORZ), plummeted to as lo...
US GDP Expands 2.6% in Q3; Core Scientific’s Shares Plummet After Bankruptcy Warning
By CoinDesk Inc
Oct 27, 2022 at 7:57 p.m. UTC
Oct 27, 2022
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Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning
Video
Bitcoin mining
Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning
The world's largest bitcoin miner, Core Scientific (CORZ), warned that it may have to explore bankruptcy if it fails to improve its financial condition. The warning sent its s...
Bitcoin Miner Core Scientific Shares Plunge After Bankruptcy Warning
By CoinDesk Inc
Oct 27, 2022 at 5:35 p.m. UTC
Oct 27, 2022
Bitcoin MiningcdtvHash clipCore ScientificBankruptcyCorz
Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
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.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Jamie CrawleySheldon Reback
Oct 27, 2022 at 10:22 a.m. UTC
Oct 27, 2022
Core Scientific
Core Scientific's Marble facility in North Carolina. (Core Scientific)
Finance
Bitcoin mining
Core Scientific Again Raises Bitcoin Mining Hosting Rates
The firm expects power costs to decline in the future, which will be reflected in its hosting rates.
Core Scientific's Marble facility in North Carolina. (Core Scientific)
By Eliza Gkritsi
Oct 21, 2022 at 9:00 p.m. UTC
Oct 21, 2022
Bitcoin MiningMining CentersCore ScientificExclusive
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
Video
Bitcoin
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and...
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
By CoinDesk Inc
Oct 21, 2022 at 7:46 p.m. UTC
Oct 21, 2022
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