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Crypto Mining Company Core Scientific To List On NASDAQ Via SPAC, Valued at $4.3B
Summary: According to CNBC, the cryptocurrency mining operator Core Scientific plans to list on the Nasdaq through a merger with the special purpose acquisition company---Power & Digital Infrastructure Acquisition Corp, whose main investor is the asset management giant BlackRock. The transaction valued Core Scientific at approximately $4.3 billion. It is not clear when the transaction will ...
According to CNBC, the cryptocurrency mining operator Core Scientific plans to list on the Nasdaq through a merger with the special purpose acquisition company---Power & Digital Infrastructure Acquisition Corp, whose main investor is the asset management giant BlackRock.
The transaction valued Core Scientific at approximately $4.3 billion.
It is not clear when the transaction will begin, and the name of the stock has not been announced.
According to the report, Core has operations in North Dakota, North Carolina, Georgia, and Kentucky. It is said to be one of the largest blockchain infrastructure and custody providers in North America and one of the largest digital asset mining companies.
By Mary Liu
Tags: Core Scientific,Crypto Mining,Nasdaq,SPAC
Link: Crypto Mining Company Core Scientific To List On NASDAQ Via SPAC, Valued at $4.3B [Copy]
