Odaily Planet Daily News: Bitcoin mining company Core Scientific announced a private placement of $500 million of convertible senior notes due in 2031 to qualified institutional buyers. Core Scientific also hopes to grant the initial purchasers of the notes a purchase option, to be settled within 13 days (inclusive) from the date of the initial issuance of the notes, for an additional purchase of up to $75 million principal amount of the notes. Core Scientific intends to use the net proceeds from this offering for general corporate purposes, including working capital, operating expenses, capital expenditures, acquiring complementary businesses, or repurchasing its securities.