Bitcoin Miner Core Scientific Sticks With Its Year-end Hashrate Projection

Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market

CEO Mike Levitt said in a statement that given enhanced liquidity from selling bitcoin, a new equity facility and “line of sight to improved hosting margins and manageable principal and interest payments” on their debt, the company is “well positioned” to navigate the market and emerge bigger, stronger and more profitable.

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