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Coin Edition

2022-12-21 17:57:00

Core Scientific Files for Chapter 11 Amid Crypto Winter

Core Scientific Files for Chapter 11 Amid Crypto Winter

With the effects of the harsh winter crypto season rising, share prices of bitcoin mining companies are still below BTC. Core Scientific, one of the largest crypto-mining companies, is filing for Chapter 11 bankruptcy in Texas. According to a report by CNBC, Core Scientific’s market capitalization had fallen to $78 million on Tuesday, and the The post Core Scientific Files for Chapter 11 Amid Crypto Winter appeared first on Coin Edition .

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