Core Scientific drops 10% after $400 million convertible senior note offer
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
22 Companies Block OKXICE Tokenized Stocks, Putting 63-Share Crypto Plan Under Pressure
Key Takeaways: A total of twenty-two companies have declined to accept tokenization of their shares on the pending OKXICE. Among t...
Hyperliquid Strategies expands stock buyback program to $100M as PURR shares fall over 30%
Hyperliquid Strategies increases its stock buyback authorization to $100 million as PURR shares decline over 30% and HYPE falls mo...
Securitize Brings 12 U.S. Stocks to Solana With 1:1 Backing and U.S. Investor Access
Key Takeaways: Securitize has added 12 U.S. stock tokens to Solana, such as Apple, Nvidia, Tesla, Microsoft and Amazon. The backin...
Circle shareholder sues Trump over UAE crypto deals, citing up to $82 million in potential annual revenue
A Circle shareholder sued President Donald Trump, alleging UAE-linked cryptocurrency payments enriched his family and diverted bus...
Franklin Moves Bitcoin DRIP ETFs Toward Nasdaq With Dividend Reinvestment Plan
TL;DR: Franklin Templeton has filed exchange registrations for two stock-and-Bitcoin ETFs. Their strategy redirects equity dividen...
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
Two subscriptions on Thursday nearly quadrupled the fund’s tokens on the network. The receiving wallet shares its authorized signe...