Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI

Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI

Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI Price data byDecryptNewsBusinessCore Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AICore Scientific, a Bitcoin miner turned data center operator, said that it plans to offer $3.3 billion worth of speculative-grade debt.By André BeganskiEdited by Andrew HaywardApr 21, 2026Apr 21, 20262 min readBitcoin mining. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Core Scientific, which mines Bitcoin, said it would offer $3.3 billion worth of speculative-grade debt to capitalize on the AI boom. The firm is currently developing six data center facilities under a deal with cloud-computing firm CoreWeave, per Bloomberg. The company said last month that

Source: https://decrypt.co/365080/core-scientific-3-3-billion-junk-bond-sale-pivot-bitcoin-mining-ai