NYDIG agrees to settle CoreScientific’s $38.6m debt
The NYDIG will settle a debt of $38.6 million in exchange for the rigs.
The multi-million dollar debt stems from a loan that was extended to the bankrupt crypto-miner in 2020 to facilitate the purchase of crypto-mining equipment.As part of the agreement, Core Scientific Inc will hand over 27,403 crypto mining rights to the New York-based crypto investment firm.made in the U.S.
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