Core Scientific’s stock drops 10% following plan to issue $350 million in debt

The convertible senior notes will mostly be used to refinance the once-bankrupt firm’s existing debt, the firm said in a statement. source: https://www.theblock.co/post/311022/core-scientifics-stock-drops-10-following-plan-to-issue-350-million-in-debt?utm_source=rss&utm_medium=rss