en
Back to the list

Core Scientific to Suspend Payments as Cash Dwindles

source-logo  coindesk.com  + 10 more 27 October 2022 10:29, UTC
image

The world's largest bitcoin miner, Core Scientific (CORZ), said it anticipates that existing cash resources will be depleted by the end of the year, possibly sooner.

  • The company will not make payments due in late October and early November 2022 with respect to several of its equipment and other financings, it said in a filing Thursday.

coindesk.com

Similar news (10)
Add similar news