Post
Topic
Board Bitcoin Discussion
Re: How can we protect our profits against shrinking margin?
by
LegendaryK
on 31/12/2022, 00:06:16 UTC
https://www.benzinga.com/markets/cryptocurrency/22/10/29445058/is-core-scientific-done-bitcoin-miner-needs-cash-warns-of-bankruptcy-as-stock-plummet

Quote
The Bitcoin miner is looking into a variety of strategic solutions for raising money.

According to Core Scientific, if the potential capital raise strategies fail, the company might have to seek bankruptcy protection.

Translated: No Venture Capital money showed up to save them.  Kiss