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Core Scientific (CORZ) Plans $3.3 Billion Secured Notes Offering

Core Scientific (CORZ) Plans $3.3 Billion Secured Notes Offering

Core Scientific (CORZ) announces $3.3B secured notes offering to fund debt repayment and data center expansion. Here's what it means for investors.

Core Scientific (CORZ) Seeks $3.3B to Expand AI Data Centers

Core Scientific (CORZ) Seeks $3.3B to Expand AI Data Centers

Core Scientific plans a $3.3B secured debt raise to refinance obligations and expand AI-focused data centers, signaling its pivot from Bitcoin mining.

Core Scientific (CORZ) Prices $3.3B in Senior Secured Notes

Core Scientific (CORZ) Prices $3.3B in Senior Secured Notes

Core Scientific (CORZ) prices $3.3B in senior secured notes to fund AI data centers and refinance debt, signaling a strategic pivot.

MARA Foundation Debuts to Strengthen Bitcoin Network, BTC Adoption

MARA Foundation Debuts to Strengthen Bitcoin Network, BTC Adoption

MARA Holdings launches the MARA Foundation to bolster Bitcoin's resilience against quantum threats, support adoption, and fund community initiatives.

Greenidge Generation Recruits New Executive Leaders, Forecasts Losses in Q3

Greenidge Generation Recruits New Executive Leaders, Forecasts Losses in Q3

Bitcoin mining company and zero carbon power plant supplier Greenidge Generation has announced a transition of leadership and a possible loss in Q3

SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case

SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case

The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13 other defendants.

China’s Crypto Mining Clampdown Sparked by Illegal Coal Extraction

China’s Crypto Mining Clampdown Sparked by Illegal Coal Extraction

China’s latest crackdown on cryptocurrency mining was prompted by an increase in the illegal coal extraction.

Venezuela Shuts Down Crypto Mining Operations

Venezuela Shuts Down Crypto Mining Operations

Venezuela has closed down crypto mining facilities as part of a national crypto department reorganization and corruption investigation into the country's oil company, PDVSA.

Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Iran is banning cryptocurrency mining for the second time this year in order to reduce the strain on the nation’s power grid.

Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value

Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value

Bitcoin mining firm Core Scientific to file for Bankruptcy

Iran to Introduce Additional Penalties for Illegal Crypto Mining

Iran to Introduce Additional Penalties for Illegal Crypto Mining

The Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity.

Michael Saylor Defends BTC Mining Council Embraces Decentralization

Michael Saylor Defends BTC Mining Council Embraces Decentralization

Michael Saylor refuted criticism over the newly formed Bitcoin mining council, emphasising that the council is committed to decentralization.

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