Bitmain’s S19XP Sales Transform into 5.5% Stake in Core Scientific

Bitmain, the world’s largest manufacturer of bitcoin miners, has become a material shareholder of Core Scientific with a 5.5% stake following the bitcoin mining giant’s Chapter 11 emergence. Bitmain submitted a filing with the SEC on Friday, detailing that it owns 10.7 million shares of Core Scientific as part of an equipment sales transaction approved […]

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