📈 Bitcoin mining giant Core Scientific is turning debt into equity, swapping $260 million of convertible debt for 45 million shares of common stock. The move was triggered when Core's stock price stayed above $2.1 billion for 20 days straight. 💪 This comes after Core emerged from bankruptcy earlier this year, with CEO Adam Sullivan highlighting the company's significant progress. Core's stock (CORZ) is currently trading at $10.14 on Nasdaq, marking a 194.2% gain in the past six months. In other news, Core has extinguished a $3 million payment obligation to unsecured creditors. Now that's what we call a comeback!