Bitcoin miner Core Scientific to file for Chapter 11 bankruptcy
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46 Articles
Core Scientific files for bankruptcy as crypto winter bites
Core Scientific Inc, one of the biggest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it filed for Chapter 11 bankruptcy protection, the latest in a string of failures to hit the sector.
Core Scientific files for bankruptcy as crypto winter bites
(Reuters) -Core Scientific Inc, one of the biggest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it filed for Chapter 11 bankruptcy protection, the latest in a string of failures to hit the sector.
Crypto miner Core Scientific files for bankruptcy
The crypto crisis claims another victim. With Core Scientific, one of the largest listed crypto companies in the USA saves itself under creditor protection. The crypto miner filed for bankruptcy on Wednesday. Core, based in Austin in the US state of Texas, stated that it was not seeking dissolution, but wanted to continue doing business. After significant price losses in 2020 and 2021, the most important cryptocurrency Bitcoin has lost more than…
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