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21-12-2022, 07:18 PM
https://www.coindesk.com/business/2022/1...rotection/
Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection
The publicly traded miner filed for Chapter 11 at Southern District of Texas bankruptcy court.
Core Scientific (CORZ), one of the largest bitcoin miners by computing power, filed for bankruptcy as the crypto winter continues to take its toll on the industry.
The company filed for Chapter 11 at Southern District of Texas bankruptcy court. The miner's estimated liabilities are between $1 billion- $10 billion, according to the filing. It has around 1,000-5,000 creditors, with the largest unsecured claim coming from investment bank B. Riley.
The miner's estimated assets are between $1 billion - $10 billion, according to the filing.
Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection
The publicly traded miner filed for Chapter 11 at Southern District of Texas bankruptcy court.
Core Scientific (CORZ), one of the largest bitcoin miners by computing power, filed for bankruptcy as the crypto winter continues to take its toll on the industry.
The company filed for Chapter 11 at Southern District of Texas bankruptcy court. The miner's estimated liabilities are between $1 billion- $10 billion, according to the filing. It has around 1,000-5,000 creditors, with the largest unsecured claim coming from investment bank B. Riley.
The miner's estimated assets are between $1 billion - $10 billion, according to the filing.
