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