Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’

Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions 'Restructuring'On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in the process of exploring “restructuring its existing capital structure.” The update published on Monday indicates that […]

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Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy

Core Scientific Shares Downgraded After SEC Filing Hints at Possible BankruptcyOne of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing with the U.S. Securities and Exchange Commission that raises the possibility the company may apply for bankruptcy protection. The filing notes that Core Scientific will be unable to pay down debt payments due for Oct. and early Nov. […]

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