Core Scientific converts debt into equity, reducing $260 million debt burden
2024-07-08 22:37:36
Bitcoin miner core scientific announced 2029 outstanding guaranteeddesk3cryptocurrencydesktopCrypto News
Bitcoin miner Core Scientific has announced the forced conversion of its outstanding secured convertible notes due 2029. According to the July 8 announcement, the conversion will result in approximately 45 million shares of Core Scientific common stock being exchanged for $260 million in convertible debt.
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