Core Scientific sold $167M worth of Bitcoin holdings in June

by Aurelia Butler 5 July 2022, 23:40 179 Views

In a Tuesday announcement, Core Scientific said it had sold roughly $167 million worth of Bitcoin (BTC) in June at an average price of $23,000 — 7,202 BTC. The sale left the firm with 1,959 BTC — roughly 21% of its holdings — and $132 million in cash as of June 30, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31.

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Source: Cryptocurrency - investing.com

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Core Scientific sold $167M worth of Bitcoin holdings in June

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