Reaction thread #25911
Core Scientific's bankruptcy plan includes equity stake for Bitmain and AnchorageIf the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.
Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
cointelegraph.comAfter filing for Chapter 11 bankruptcy in December 2022, Core Scientific has proposed a restructuring plan that it claims will reduce its capital needs by more than $30 million.
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