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Core Scientific in ‘substantial doubt’ of continuing without more cash

The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Core Scientific in ‘substantial doubt’ of continuing without more cash

The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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