October 28, 2022, 10:04AM EDT
• 5 min read

Analysis of Core Scientific’s Potential Bankruptcy

Quick Take

  • October 28, 2022, Core Scientific management anticipates running out of cash by the end of 2022, if not sooner 
  • Per today’s filing, Core Scientific will be unable to pay for some of its equipment and debt 
  • Core Scientific joins the list of distressed digital asset firms hampered in 2022 
  • For additional coverage of bankruptcies and financial woes within crypto please refer to The Block Research’s coverage of Celsius and Voyager Digital
  • For additional coverage on digital asset miners please refer to The Block Research’s coverage of Riot, Marathon and Stronghold

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