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Nalezeno "scientific": 207

Stock price for troubled Bitcoin miner Core Scientific surges 200%

16.12.2022
After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter

Creditor offers Bitcoin miner Core Scientific $72M to avoid bankruptcy

15.12.2022
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy

14.12.2022
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."

Bitcoin Miner Firm Core Scientific Posts $400 Million Quarterly Loss – Bankruptcy Soon?

23.11.2022
Bitcoin (BTC) mining firm Core Scientific could be next in line for a bankruptcy filing, after posting a loss of well over $400m in the third quarter. The company, which is known as the largest publicly listed Bitcoin miner in the US, has now lost a whopping $1.7bn for the year after a new...

Core Scientific in 'substantial doubt' of continuing without more cash

23.11.2022
The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments

Bitcoin Mining Giant Core Scientific Ended October with $32M in Cash

22.11.2022
Core Scientific said it might run out of cash before the end of the year and lawsuits are piling up

Tremors from FTX's collapse reverberate through the scientific community

17.11.2022
With Sam Bankman-Fried involved in so many philanthropic ventures, the fallout of FTX could also see a variety of grants and investments being subject to clawbacks or not honored

2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million

8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...

Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’

8.11.2022
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in the process of exploring “restructuring...

Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners

2.11.2022
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October update, Argo said it did not believe the deal “will be consummated”...

Core Scientific may consider bankruptcy following uncertain financial condition: Report

1.11.2022
The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties

Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report

1.11.2022
Some of the miner's convertible bondholders are working with restructuring lawyers at Paul Hastings

Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy

30.10.2022
One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific will be unable to...

Troubled Bitcoin Miner Core Scientific's Shares Continue to Plunge on Bankruptcy Risk

28.10.2022
Shares of bitcoin miner Core Scientific (CORZ) fell another 14% Friday after a rough week amid financial woes and analyst downgrades

Leading Public Bitcoin Miner Core Scientific to File for Bankruptcy

28.10.2022
The major publicly listed Bitcoin (BTC) mining company Core Scientific has admitted it could run out of money by the end of the year, and that bankruptcy is a possibility. The company’s liquidity position has taken a major hit this year, as prices of Bitcoin have plummeted from a peak of around...