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Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.

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

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage

If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity.

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 Cointelegraph

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