Core Scientific’s 2022 net loss is $1.71 billion

Time:2022-11-23 03:45 Source:Internet Copy share

Mining company Core Scientific said there is a possibility that the firm may not be able to continue operations.For the third quarter of 2022, its net loss was $434.8 million. Total losses for 2022 are estimated at $1.71 billion.The company also estimated that it would need additional liquidity to continue its operations because its cash resources “will be exhausted by the end of 2022 or sooner.”
Blockchain Quotes
  • {{items}}