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Core Scientific announces full repayment of debtor-in-possession financing

Core Scientific announces full repayment of debtor-in-possession financing

CointimeCointime2024/01/05 00:02
By:Cointime

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.

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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.

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