Core Scientific Seeks to Sell $6.6M Bitmain Coupons: Act Now!

Insolvent Core Scientific Files Petition for Selling $6.6M Bitmain Coupons

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Summary:

  • Core Scientific filed an emergency petition in an attempt to sell $6.6 million in Bitmain coupons.
  • The vouchers are only redeemable for the purchase of Bitmain’s S19 Miners in the amount of 30% off the total purchase price.
  • Bitmain coupons worth $1.9 million were sold for $285,000, while coupons worth $4.8 million were sold for around $713,000.

Background:

On January 29th, 2023 (January 29th, 2023) , 10:59 pm by Shanawaz 17 hours ago | 2 mins read Bitcoin News According to the filing, the vouchers are essentially worthless to Core Scientific. Core Scientific said that it will not be purchasing any more S19 miners.

[As shown by court documents], on January 25th, insolvent Bitcoin mining company Core Scientific filed an emergency petition in an attempt to sell $6.6 million in Bitmain coupons.

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