Core Scientific plans $3.3B debt raise to fund AI data center push

Core Scientific plans $3.3B debt raise to fund AI data center push

0.49%TRX$0.3316 1.01%BCH$446.32 0.71%DOGE$0.09439 0.87%XLM$0.1785 3.11%ETH$2,307 0.63%BNB$629.98 0.03%SOL$85.32 0.66%HYPE$39.57 4.28%XMR$376.30 5.76%XRP$1.42 0.35%ADA$0.2464 0.91%BTC$75,583 0.51%USD Written by Sam Bourgi,Staff EditorReviewed by Robert Lakin,Staff EditorCore Scientific plans $3.3B debt raise to fund AI data center push1 hour agoThe miner plans to refinance short-term debt and scale its US infrastructure as the broader industry pivots toward AI and high-performance computing. Core Scientific is seeking to raise $3.3 billion in debt to support its expanding data center operations across the United States, as crypto miners increasingly pivot toward high-performance computing and artificial intelligence workloads amid tighter conditions in the mining sector. The financing will come through senior secured notes due in 2031, the company disclosed Tuesday. The notes will be back

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