Core Scientific announces full repayment of debtor-in-possession financing
Core Scientific, a cryptocurrency mining company, announced that it has prepaid the outstanding balance of the debtor-in-possession (DIP) financing plan provided by B. Riley Financial. The company retains the right to access the full $35 million available under the DIP financing plan and maintains sufficient liquidity to achieve its goals set for mid to late January 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin (BTC) Faces Market Cooldown Amidst Declining Capital Inflows
Bitcoin's (BTC) market momentum declines as capital inflows weaken across digital assets. Ethereum, Solana, and Memecoins see significant corrections, reflecting shifting investor sentiment.
Trump ends all affirmative action policies in the federal government
RWAs Outperform with Social Engagements—Chainlink, Avalanche, VeChain Lead the Charge
What’s behind ‘bearish’ altcoin action: Amberdata
Even before LIBRA, altcoins were having a rough start to the year
Trending news
MoreCrypto prices
More
