From Investing.com:

Cryptocurrency mining company, Core Scientific, emerges from Chapter 11 bankruptcy and will resume trading on Nasdaq after restructuring its balance sheet to reduce debt by $400 million through equity conversions. Despite challenges, the company produced bitcoins worth $540 million in 2023 and plans to expand its mining capacity over the next four years. Investor confidence is growing in the broader crypto mining sector, with rising stock prices for industry counterparts like Marathon Digital, Riot Blockchain, and CleanSpark.



Read more: Core Scientific emerges from bankruptcy, set to resume Nasdaq trading By Investing.com