Core Scientific
1 of the major detailed U.S.
Bitcoin
miners, has filed for bankruptcy, incorporating its name to a growing record of cryptocurrency companies that have failed amid 2022’s market place meltdown and electricity-price spike.
Core Scientific
(ticker: CORZ) said Wednesday that it had submitted for Chapter 11 bankruptcy protection in Texas, the place it is dependent. Shares of the business, which presently have tumbled 98% this yr as of Tuesday’s near, missing one more 30% in premarket investing on Wednesday.
Core Scientific
1 of the major detailed U.S.
Bitcoin
miners, has filed for bankruptcy, incorporating its name to a growing record of cryptocurrency companies that have failed amid 2022’s market place meltdown and electricity-price spike.
Core Scientific
(ticker: CORZ) said Wednesday that it had submitted for Chapter 11 bankruptcy protection in Texas, the place it is dependent. Shares of the business, which presently have tumbled 98% this yr as of Tuesday’s near, missing one more 30% in premarket investing on Wednesday.
