Tag: Core Scientific

Core Scientific shares took a hit on Thursday, dropping 15% in pre-market trading as Microsoft scales back CoreWeave deal

Bernstein, a research and brokerage firm, is still positive about Bitcoin mining company Core Scientific, even after a 30% share drop

Investors have the flexibility to either hold these senior, unsecured notes until they mature or convert them into shares of Core Scientific.

Q1 2024 was particularly eventful for Core Scientific. The company emerged from bankruptcy and it's shares resumed trading on the Nasdaq. 

Core Scientific is making strategic moves to diversify its revenue streams in anticipation of the impending Bitcoin halving.

Core Scientific said that it has a “strengthened balance sheet” and has officially cleared a debt of a whopping $400 million.

Core Scientific is set to resume trading on the Nasdaq under the ticker symbol "CORZ" after completing its restructuring

Core Scientific is relisting its “CORZ” shares on the Nasdaq after a 13-month restructuring journey as per a statement.

Major Bitcoin mining machine manufacturer, Bitmain is set to invest as much as $53.9 million into Core Scientific

Core Scientific has onboarded a new CEO, Adam Sullivan who used to work at XMS Capital Partners and has more than 1 decade of experience.

Core Scientific stated that holders of permitted debtor-in-possession claims would be fully and completely satisfied with their claims.