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Core Scientific to add $46 million in additional funds by September 25, due to favorable market conditions.
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Low power prices, Bitcoin price increase, and hash rate increase improve the company’s liquidity.
3
Core Scientific’s earnings per share for the first quarter beat analyst estimates.
Core Scientific, the Bitcoin mining company that went bankrupt in November, last year, is expecting to finalize its restructuring plan by September. The company also expects to exit proceedings with an extra $46 million due to current favorable crypto market conditions.
Core Scientific’s Reorganization Plan
In their recent filing on May 22, in the …
We współpracy z: https://www.thecoinrepublic.com/2023/05/24/core-scientific-expects-a-46-million-boost-by-september-exit/
