Key Points: According to a recent assessment by Culper Research, Core Scientific has "widely oversold" its mining businesses. The investigation…
Key Points: Core Scientific stopped 37,000 mining devices from bankrupting cryptocurrency company Celsius to resolve a long-running conflict between them.…
Key Points: Stronghold Digital Mining and noteholders have reached an agreement to trade $23.1 million in convertible preferred stock for…
Key Points: BlackRock is one of the creditors that lent money to Bitcoin miner Core Scientific so it could continue…
Key Points: Following Bitfarms Co-founder Emiliano Grodzki's resignation, Geoffrey Morphy was elevated to CEO of the Bitcoin mining company. The…
Key Points: The top ten Bitcoin mining debtors owe a total of $2.6 billion. A debt-to-equity ratio of 2 or…
Key Points: Blockware Solutions has been accused by a client of breach of contract, negligence, deceptive trading, and fraud. The…
Key Points: Core Scientific was approved for a $37.5 million loan in January 2023. The new loan providers still believe…
Key Points: Core Scientific can sell a facility under construction with up to 1 Gigawatt of capacity. The move followed…
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