The share value of Core Scientific, the world’s largest bitcoin miner, crashed after a possible bankruptcy warning.
According to the statement made by Core Scientific today, the company has closed due to the difficult situation it is in. considering going bankruptcy.
In today’s statement of the company, “We have serious doubts as to whether the company can continue to operate for a significant period in the future.” statement was included.
Core Scientific management, to raise more capital and from companies Weil, Gotshal & Manges LLP and PJT Partners LP to evaluate the options available. legal and financial consultancy service started to take.
If the company cannot raise more capital have to file for bankruptcy can stay.
Following this statement made today, Core Scientific shares A decrease of more than 70% was recorded.