Bitmain to invest in Core Scientific in a $54m deal.

Bitmain, a manufacturer of digital currency mining servers, agreed to invest in Core Scientific, a blockchain computing data centers and software solutions company, in a $54m deal. “We look forward to deepening our strategic relationship with Core Scientific, our long-standing US-based partner. Their professionalism, integrity, and commitment to the success of their hosting customers and to the growth of the Bitcoin Network is unsurpassed in the industry,” Max Hua, Bitmain CEO.