Bankrupt miner Core Scientific has announced its plans to purchase 27,000 bitcoin mining servers from Bitmain for $23.1 million in cash and $53.9 million in common stock. The deal was previously mentioned in Core Scientific's bankruptcy plan, with Anchorage Digital also potentially taking equity in the company.

The mining company hopes to receive the units in the fourth quarter of this year, which could potentially add 4.1 exahashes to its hash rate. Despite filing for bankruptcy last December, Core Scientific hopes to emerge from bankruptcy as early as this month, according to a federal judge overseeing the case.