Core Scientific reaches deal with B. Riley for $70 million replacement loan
Bankrupt bitcoin miner Core Scientific has reached a new $70 million loan agreement with B. Riley. The company has asked the court to approve the financing as a replacement for the $75 million debtor-in-possession (DIP) loan the miner got from convertible notes shareholders as part of its…
#bankrupt #corescientific #briley #dip #chapter11 #debtors #originaldipfacility #blockcryptoinc
