Texas-based Bitcoin mining company, Core Scientific, will return to Nasdaq for trading on January 24th after successfully restructuring and reducing $400 million in debt. The restructuring plan involved converting debt from equipment lenders and convertible note holders into equity, with big names like BlackRock and B. Riley involved in the process. Core Scientific plans to further reduce debt burdens through additional measures, including the conversion of remaining convertible debt and using available cash to make debt payments. The company also aims to expand its Bitcoin mining capacity by deploying new miners and growing its mining capacity by 50% in the next four years.