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Bitcoin miner Core Scientific to file for Chapter 11 bankruptcy

Summary by Ground News
Core Scientific is one of the largest miners of the cryptocurrency bitcoin. The Austin, Texas-based company has locations in Georgia, Kentucky, North Carolina and North Dakota. The company's value has dropped from about $4.3 billion in July 2021, to about $78 million at the close of market on Wednesday.
Published 3 months ago · New York, United States

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Bitcoin mining core science to file for bankruptcy soon = report

[Reuters on the 21st] - Crypto asset (virtual currency) Bitcoin mining (mining) giant, US Core Scientific, will soon apply for application of Section 11 of the Federal Bankruptcy Law. CNBC reported it as a story from a related source. I will apply to the Texas bankruptcy court for application of the same law as early as the 21st. Business will continue as usual without liquidation. It is said that an agreement has been established with high-rank…

3 months ago·United Kingdom
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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.

3 months ago·Malaysia
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Core Scientific declares bankruptcy as crypto winter lingers

Core Scientific Inc., one of the largest miners of bitcoin, became the latest crypto company to file for bankruptcy as the industry reckons with a plunge in digital-asset prices.

3 months ago·Washington, United States
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Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy — but plans to keep mining

Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for bankruptcy protection.

3 months ago·United States
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Crypto Miner Core Scientific To File For Bankruptcy, But Will Not Liquidate: Report

The Texas-based bitcoin miner has suffered from this year's crypto rout and high electricity costs.

3 months ago·United States
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Bitcoin miner Core Scientific to file for Chapter 11 bankruptcy

Core Scientific Inc, one of the biggest publicly traded crypto mining companies in the United States, will soon file for Chapter 11 bankruptcy protection, CNBC reported, citing one person familiar with the matter.The company will file for bankruptcy protection in Texas early on Wednesday morning but will

3 months ago·Singapore
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Bias Distribution

52% of the sources are Center
The Washington Post
Bloomberg
Rappler
bdnews24.com
Reuters
CNBC
IBTimes
Channel News Asia
UPI
The Globe & Mail
+6
Financial Post
The West Australian
Wall Street Journal
The Star Kuala Lumpur
OAN
krone.at
L 19%
C 52%
R 29%
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