Cryptocurrencies

North America’s Biggest Bitcoin Miner Debuts After SPAC Vote

Core Scientific shares fluctuate following investor approval
BlackRock served as an anchor investor in Power SPAC

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By Crystal Kim

January 20, 2022 at 2:28 PM UTC

Updated on

January 20, 2022 at 4:39 PM UTC

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Investors in one of North America’s largest Bitcoin miners have approved a plan to go public through an estimated $4.3 billion merger with the special purpose acquisition company Power & Digital Infrastructure Acquisition Corp.