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Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining - Vimarsana News

Core Scientific returns to Nasdaq as Wall Street shows renewed love for bitcoin mining

Bitcoin miner Core Scientific has completed the reorganization process and relisted its shares on the Nasdaq. Trading resumes on Wednesday morning. Core, which has operations in five U.S. states, mines for bitcoin and other cryptocurrencies. The restructuring plan announced Tuesday has slashed $400 million in debt from Core's balance sheet. Just over a year after the crypto winter sent bitcoin miner Core Scientific spiraling into bankruptcy, the Texas-based company is back on the Nasdaq. Trading

Source: wn.com
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Could Bitcoin Mining Companies Face Threats From the Failure of This Crypto Bank? - Vimarsana News

Could Bitcoin Mining Companies Face Threats From the Failure of This Crypto Bank?

B. Riley and Nomura, two banks that back bitcoin mining and wallet companies, are part of an ongoing investigation against a $294 million hedge fund fraud.…

Source: biztoc.com
After bankruptcy, Core Scientific plans return to Nasdaq - Crypto Recap - Vimarsana News

After bankruptcy, Core Scientific plans return to Nasdaq - Crypto Recap

Core Scientific, a major player in bitcoin mining, is preparing its big return to the Nasdaq after officially filing for bankruptcy at the end of 2022. How is the company making a major comeback? We... -January 22, 2024 at 04:15 am EST - MarketScreener

SEC Probes Finance Titans B. Riley and Nomura - Vimarsana News

SEC Probes Finance Titans B. Riley and Nomura

Investment bank B. Riley is being investigated by the US Securities and Exchange Commission (SEC) in connection with one Brian Kahn, Nomura allegedly assisted B. Riley.

Bankrupt Bitcoin Miner Core Scientific to Relist on Nasdaq After Reorganization - Vimarsana News

Bankrupt Bitcoin Miner Core Scientific to Relist on Nasdaq After Reorganization

Core Scientific, the Bitcoin mining firm that filed for Chapter 11 bankruptcy in December 2022, is set to exit bankruptcy in the coming days.

Source: yahoo.com