Bitcoin Miner Core Scientific Reportedly Files for Chapter 11 Bankruptcy
Core Scientific is reportedly filing for Chapter 11 bankruptcy in Texas due to falling BTC revenues and prices.
![Bitcoin miner Core Scientific would file for Chapter 11 bankruptcy](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/4ca8f4a7-102b-4020-9415-8107d91513ec.jpg)
![Bitcoin Miner Core Scientific Reportedly Files for Chapter 11 Bankruptcy](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNGNhOGY0YTctMTAyYi00MDIwLTk0MTUtODEwN2Q5MTUxM2VjLmpwZw==.jpg?#)
Core Scientific is reportedly filing for Chapter 11 bankruptcy in Texas due to falling BTC revenues and prices.
![Bitcoin miner Core Scientific would file for Chapter 11 bankruptcy](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/4ca8f4a7-102b-4020-9415-8107d91513ec.jpg)
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