Tag: debt settlement

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Core Scientific Transfers Mining Equipment to Settle Debt and Restructure Operations

October 1, 2022
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Core Scientific settles $38.6 million debt by transferring mining rigs, aims for efficiency and bankruptcy court approval.

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Estimated read time 2 min read
News

Bitfarms Exits Debt Quagmire with BlockFi: A $7.75 Million Settlement

September 4, 2022
ilago
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Bitfarms settles $21M debt with BlockFi for $7.75M, releasing Backbone Mining’s assets as the cryptocurrency lender faces bankruptcy.

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