Publicly traded (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who beforehand served as the corporate’s president, took the position on Aug. 4, whereas co-founder and former CEO Mike Levitt stays chairman of the board.
Sullivan has over a decade of monetary companies expertise, significantly in digital belongings and infrastructure, with a background that features technique, company finance, and mergers and acquisitions. Earlier than becoming a member of Core Scientific, he held roles at XMS Capital Companions, overseeing transactions totaling over $5 billion, together with Core Scientific’s merger with Energy & Digital Infrastructure Acquisition Corp. in 2021.
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