Core Scientific announces full repayment of debtor-in-possession financing
Core Scientific, a cryptocurrency mining company, announced that it has prepaid the outstanding balance of the debtor-in-possession (DIP) financing plan provided by B. Riley Financial. The company retains the right to access the full $35 million available under the DIP financing plan and maintains sufficient liquidity to achieve its goals set for mid to late January 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Metaplanet to raise $62M for more Bitcoin, with current stash at 1,142 BTC
Shiba Inu Lead Shytoshi Kusama Teases Airdrop & Partnerships
Japan to Dissolve ‘Web3 Project’ Team, Form New Crypto Unit
USDC Treasury destroys 50 million USDCs on Ethereum chain