
Core Scientific’s Lender Offers $72 Million Bailout To Embattled Miner
The public miner may be saved by its lender as the two entities engage in attempts to restructure their debt.Core Scientific’s lender, B Riley, has stated its intentions of loaning out $72 million to the embattled publicly traded miner. Core Scientific currently has an existing loan with B Riley totaling $42 million. The new $72 million loan would be “on favorable terms,”...