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Bitcoin mining company Core Scientific has reached a new loan agreement of $70 million with B. Riley

2023-02-01 07:58:06
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ChainCatcher news, according to The Block, Bitcoin mining company Core Scientific has reached a new $70 million loan agreement with B. Riley to replace the $75 million debtor-in-possession (DIP) loan obtained from convertible noteholders as part of its pre-arranged bankruptcy deal. The court will hold a hearing today to decide whether to approve the application. (source link)

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