At the peak of the 2021 bull market, when the price of Bitcoin rose above $60,000, the company was the largest publicly traded Bitcoin miner by computing power or hash rate, operating 143,000 mining rigs. However, by the time Core Scientific filed for Chapter 11 on December 21, 2022, the price of Bitcoin had fallen to around $16,000.
Bitcoin (BTC) miner Core Scientific (CORZ) emerges from bankruptcy and relists its stock this month
By Crypto Flexs1 Min Read
