Once the crypto industryโs largest mining company, Core Scientific suffered an astounding, and swift, fall from grace last November, when bitcoin prices cratered amid cryptocurrency exchange FTXโs mid-November implosion. The company went public with a $4.3 billion valuation in 2021, but its market capitalization had fallen to $78 million by the time it filed for bankruptcy last December.
Crypto Miner Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say
