Home Bitcoin News BlackRock Provides Bankrupt Bitcoin Miner Core Scientific New $17M Mortgage – CoinDesk

BlackRock Provides Bankrupt Bitcoin Miner Core Scientific New $17M Mortgage – CoinDesk

57 second read
Comments Off on BlackRock Provides Bankrupt Bitcoin Miner Core Scientific New $17M Mortgage – CoinDesk
16

BlackRock, which is Core Scientific’s largest shareholder based on FactSet information, already held $37.9 million in secured convertible notes as of Wednesday. The newest $17 million is a part of the brand new $75 million convertibles notes, that are a part of Core’s prearranged chapter course of, the submitting says. In a prearranged chapter, the debtor reaches some form of settlement with its collectors earlier than formally submitting for chapter.

Adblock test (Why?)


Source link

Load More Related Articles
Load More By admin
Load More In Bitcoin News
Comments are closed.

Check Also

Aptos Surge Triggers Flashbacks of Ripple's 2017 Bull Run – Blockworks

Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 folks attended the…