🚀 Bitmain & Anchorage Digital to take equity stakes in Core

🚀 Bitmain & Anchorage Digital to take equity stakes in Core Scientific's bankruptcy! Core plans to buy 27K Bitmain Antminer S19j XPs for $77.1M. Creditors to vote on reorganization plan. 🗳️- Core Scientific, 2nd-largest publicly listed Bitcoin miner, to purchase 27,000 Bitmain Antminer S19j XPs for $77.1M
- Funding: $23M cash, $54M equity in Core once plan effective 💰
- Bitmain's first stake in a publicly listed miner 🥇
- Anchorage Digital expected to pick equity option 📈
- Core negotiating settlement with lender Foundry, awaiting court approval on settlements with equipment & services providers ⚖️
Stay tuned for more updates! 🌐

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}🚀 Bitmain & Anchorage Digital to take equity stakes in Core Scientific's bankruptcy! Core plans to buy 27K Bitmain Antminer S19j XPs for $77.1M. Creditors to vote on reorganization plan. 🗳️

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🚀 Bitmain & Anchorage Digital to take equity stakes in Core Scientific's bankruptcy! Core plans to buy 27K Bitmain Antminer S19j XPs for $77.1M. Creditors to vote on reorganization plan. 🗳️