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11 sats \ 0 replies \ @BTCMiner 27 Oct 2022 \ on: Core Scientific Says It May Run Out of Cash This Year bitcoin
Here's a Tweet that kicked off a Twitter thread regarding this development:
BOOM! Core Scientific, the largest public #bitcoinminer, just dropped big updates on its operational pain:
  1. Will not make loan payments due Oct and early Nov.
  2. Engaged law firms for capital raise or restructuring.
  3. Bitcoin reserve is down to 24 BTC as of Oct 26.
Quick 🧵
https://twitter.com/BlocksBridge_/status/1585583186825781250 [Nitter]
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