Core Scientific Gets $37.5M Loan to Stay Afloat; BlackRock Among Creditors

Core Scientific Gets $37.5M Loan to Stay Afloat; BlackRock Among Creditors

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The world’s largest asset manager, BlackRock Inc., has issued a $17 million loan to bankrupt Bitcoin miner Core Scientific to help it stay afloat during its bankruptcy process. The loan is part of the court-approved $37.5 million loan for the bankrupt miner. A Dec. 22 SEC filing revealed that…

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