Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook

These market dynamics, though, have helped create some possible M&A opportunities because of the company’s size and funding, Levitt said. “We believe we’re well positioned for continued growth and to take advantage of new opportunities that may come our way in this type of environment,” he said, adding: “We’re starting already to have to be approached, frankly, with opportunities,” although “there’s nothing to talk about today.”

Source: https://www.coindesk.com/business/2022/05/12/core-scientific-cites-crypto-market-turmoil-in-lowering-its-growth-outlook/?utm_medium=referral&utm_source=rss&utm_campaign=headlines