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Core Scientific Plans $3.3 Billion Debt Raise to Accelerate AI Pivot

Bitcoin.com

Bitcoin News / Bitcoin.com 164 Views

Core Scientific Plans $3.3 Billion Debt Raise to Accelerate AI PivotCore Scientific is seeking to raise $3.3 billion through a debt offering as it pivots toward AI-focused data centers. The move underscores a broader shift away from bitcoin mining. Key Takeaways: Core Scientific plans $3.3 billion debt raise for 2031 notes, pivoting from bitcoin mining. JPMorgan-backed $1 billion credit and asset sales signal shift to […]
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