Core Scientific

Bitcoin First Rally In 2023 Leads To Major Gains Of Publicly-traded Crypto Stocks

Key Points: Along with the rally of Bitcoin, Coinbase (COIN), which has increased by 49% this week, is one of…

2 years ago

Bitfarms Looking To Avoid Default On BlockFi’s $20 Million Loan

Key Points: As the value of the equipment declines, Bitfarms is attempting to restructure a loan with BlockFi in order…

2 years ago

Core Scientific Was Investigated For Securities Fraud Causing Stock Prices Free To Be Dumped

Key Points: According to a recent assessment by Culper Research, Core Scientific has "widely oversold" its mining businesses. The investigation…

2 years ago

Core Scientific Stopped 37,000 Celsius Miners To Resolve Protracted Conflict

Key Points: Core Scientific stopped 37,000 mining devices from bankrupting cryptocurrency company Celsius to resolve a long-running conflict between them.…

2 years ago

Bitcoin Miner Stronghold Converts $17.9 Million Of Debt To Preferred Stock

Key Points: Stronghold Digital Mining and noteholders have reached an agreement to trade $23.1 million in convertible preferred stock for…

2 years ago

BlackRock Is The Largest Creditors Of Bankrupt Bitcoin Miner Core Scientific

Key Points: BlackRock is one of the creditors that lent money to Bitcoin miner Core Scientific so it could continue…

2 years ago

Bitfarms Co-founder Resigns, Crypto Miners Still In Crisis

Key Points: Following Bitfarms Co-founder Emiliano Grodzki's resignation, Geoffrey Morphy was elevated to CEO of the Bitcoin mining company. The…

2 years ago

Bitcoin Mining Firms Stuck With $4 Billion In Debt

Key Points: The top ten Bitcoin mining debtors owe a total of $2.6 billion. A debt-to-equity ratio of 2 or…

2 years ago

Bitcoin Miner Blockware Accused Of Fraud

Key Points: Blockware Solutions has been accused by a client of breach of contract, negligence, deceptive trading, and fraud. The…

2 years ago

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