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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
Footnotes
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