Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt

Bitcoin mining and data center giant Core Scientific is planning to offer $350 million in convertible senior notes as part of its strategy to repay existing outstanding loans. The firm announced on Tuesday that the notes will be senior, unsecured obligations of the company, accruing interest payable semi-annually, with a maturity date of September 1, […]

The post Core Scientific Eyes $350M Notes to Repay Bitcoin Mining Debt appeared first on TheMinerMag.

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