Core Scientific CEO: Adjusting the company's balance sheet to prepare for the purchase of mining machines after the Bitcoin halving
Adam Sullivan, CEO of Core Scientific, a cryptocurrency mining company, said that the company is adjusting its balance sheet in preparation for purchasing mining machines after the upcoming halving of Bitcoin. Core Scientific expects that the halving will cause some mining companies to struggle and be unable to fulfill existing orders, so the company may purchase mining machines from these struggling companies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
