Category Archives: NEWS

Core Scientific Lands $500M Loan at ~7.8% as AI Data Center Financing Boom Continues

Core Scientific Lands $500M Loan at ~7.8% as AI Data Center Financing Boom Continues

Core Scientific (NASDAQ: CORZ) has secured a new $500 million credit facility as data center operators continue tapping debt markets to fund the rapid buildout of AI and high-density computing infrastructure. The bitcoin mining giant said Thursday it completed the initial closing of a $500 million 364-day loan facility arranged by Morgan Stanley, providing additional liquidity […]