Bitcoin mining company Core Scientific has reached a new loan agreement of $70 million with B. Riley

ChainCatcher news, according to The Block, Bitcoin mining company Core Scientific has reached a new $70 million loan agreement with B. Riley to replace the $75 million debtor-in-possession (DIP) loan obtained from convertible noteholders as part of its pre-arranged bankruptcy deal. The court will hold a hearing today to decide whether to approve the application. (source link)