Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection

Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection



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.



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