In order to continue operating, Core Scientific had to liquidate 9,618 BTC in April as a direct consequence of a protracted bear market. Now, the giant Bitcoin miner Core Scientific has filed for bankruptcy.
Update (0925ET): Core Scientific, a Nasdaq-listed company, filed for bankruptcy in the United States early Wednesday, corroborating late Tuesday rumors that the miner might pursue Chapter 11 protection the following day.
According to the company, the decision was made after "a com...
