Core Scientific to Exit Bankruptcy by September

After filing for Chapter 11 bankruptcy last December, the Bitcoin (BTC) miner is now set to finalize a restructuring plan which it expects will net at least a $46 million boost. In its May 22 filing to the Texas Bankruptcy Court, the miner cites increasing Bitcoin prices, increased hashrate, and…#chapter11 #texasbankruptcycourt #bitcoin #corescientific #investopedia #core #celsiusnetwork
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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