Core Scientific seeks $3.3 billion bond sale to further AI data center pivot

Core Scientific seeks $3.3 billion bond sale to further AI data center pivot

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCore Scientific seeks $3.3 billion bond sale to further AI data center pivotThe company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue.By Francisco Rodrigues|Edited by Aoyon Ashraf Apr 21, 2026, 7:27 p.m. Make preferred on What to know: Core Scientific (CORZ) is raising $3.3B via a junk bond sale to finance its shift from crypto mining to AI-focused data center operations.The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue.This high-yield debt issuance (part of $17.9B raised in AI infrastructure this year) will fund construction costs, repay existing debt, and bui

Source: https://www.coindesk.com/business/2026/04/21/core-scientific-seeks-usd3-3-billion-bond-sale-to-further-ai-data-center-pivot