Core Scientific Files for Chapter 11 Bankruptcy in Texas

December 21, 2022, 9:34 AM UTC

Core Scientific Inc. files for chapter 11 bankruptcy protection in the Southern District of Texas, according to a filing.

  • Estimated liabilities and assets are each between $1 billion and $10 billion, the filing shows
  • NOTE: Core Scientific Plans to File for Chapter 11 Wednesday: CNBC

To contact the reporter on this story:
Charles Capel in London at ccapel2@bloomberg.net

To contact the editor responsible for this story:
Tiago Ramos Alfaro at talfaro1@bloomberg.net

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