The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.

In a huge move for the Bitcoin (CRYPTO: BTC) mining industry, Block Inc. (NYSE:SQ), spearheaded by Jack Dorsey, has sealed its first sale of cutting-edge three-nanometer (3nm) mining chips to Core ...

A U.S. bankruptcy judge on Tuesday approved Core Scientific's Chapter 11 restructuring, allowing the bitcoin mining company to cut $400 million in debt and emerge from bankruptcy by the end of ...

Tie-up brings together former bitcoin miners that have pivoted to satisfying demand for high-performance computing ...

Bitcoin miner Core Scientific (CORZ) will shut down mining rigs tied to Celsius Mining, Core's largest client with over 37,000 machines, after a U.S. bankruptcy judge approved the motion to reject ...

Core Scientific (CORZ) will not make debt payments due in October and November, according to a new securities filing. Shares of the bitcoin mining company were down more than 76% on Thursday morning.

Simultaneously, Core Scientific has built a formidable presence in the field of Bitcoin mining. Through robust investments and commitment to sustainability, it has emerged as a leading figure in ...

Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block’s advanced 3 ...

Block Inc. sells cutting-edge mining chips to Core Scientific, boosting efficiency & scalability. Jack Dorsey's vision to democratize mining & $1 million Bitcoin prediction adds to the ...