#core scientific, #bitmain

This is the fourth funding round for Core Scientific, and brings its total funding to $115 million. The company plans to use the new funds to expand its infrastructure and operations, and to develop new products and services.

The investment by Bitmain is significant, as it is one of the world's leading manufacturers of cryptocurrency mining equipment. This suggests that Bitmain is bullish on the long-term prospects of Core Scientific and the blockchain industry as a whole.

Core Scientific is one of the few blockchain infrastructure companies that is publicly traded. It went public in January 2023 via a SPAC merger. The company's stock price has been volatile since then, but it has generally trended upwards.

The recent funding round is a positive sign for Core Scientific and the blockchain industry as a whole. It suggests that there is strong investor demand for companies that are building the infrastructure and platforms that will power the next generation of the internet.

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