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From bankruptcy to multi-billion dollar partnership

From bankruptcy to multi-billion dollar partnership

Adam Sullivan, chief executive officer at Core Scientific, joins BNN Bloomberg to discuss the company’s restructuring plan.

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Core Scientific Repays $267M in Debt, Strengthens with $172.8M Cash Infusion

Core Scientific Repays $267M in Debt, Strengthens with $172.8M Cash Infusion

Core Scientific, a prominent player in digital infrastructure for Bitcoin mining and high-performance computing (HPC), has announced a significant financial …

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Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract

Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract

The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion.

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Core Scientific shares climb 12% after CoreWeave expands GPU hosting deal

Core Scientific shares climb 12% after CoreWeave expands GPU hosting deal

Core Scientific will add 112 megawatts for CoreWeave’s GPUs and projects $2 billion in additional revenue from the 12-year hosting …

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Bitcoin miner Core Scientific to deliver additional 112 megawatts to CoreWeave

Bitcoin miner Core Scientific to deliver additional 112 megawatts to CoreWeave

“Core Scientific will modify its infrastructure to deliver approximately 112 incremental MW … to host CoreWeave’s NVIDIA GPUs,” the miner …

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Bitcoin miner Core Scientific rides AI from bankruptcy to $6.7 billion partnership in eight months

Bitcoin miner Core Scientific rides AI from bankruptcy to $6.7 billion partnership in eight months

Bitcoin miner Core Scientific announced plans to significantly expand its AI business through a partnership with cloud provider CoreWeave. The …

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What’s Going On With Core Scientific Stock Tuesday?

What’s Going On With Core Scientific Stock Tuesday?

Core Scientific announces AI hyperscaler CoreWeave exercised its option for additional infrastructure. The new contract is expected to add approximately …

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Not All Bitcoin Miners Will Host HPC/AI Data Centers: Here’s Why

Not All Bitcoin Miners Will Host HPC/AI Data Centers: Here’s Why

Some of the largest Bitcoin (BTC) miners in the world are using their infrastructure to host high-performance computing (HPC) data …

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