Core Scientific plans to raise $3.3B via a junk bond sale to finance its shift from crypto mining to building AI data centers and leasing them to CoreWeave (Francisco Rodrigues/CoinDesk)
Core Scientific plans a $3.3B junk bond sale to fund its pivot from crypto mining to building AI data centers leased to CoreWeave, signaling major infrastructure bet on GPU-as-a-service.
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<a href="https://www.coindesk.com/business/2026/04/21/core-scientific-seeks-usd3-3-billion-bond-sale-to-further-ai-data-center-pivot"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260421/i39.jpg" vspace="4" /></a>
<p><a href="http://www.techmeme.com/260421/p39#a260421p39" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Francisco Rodrigues / <a href="http://www.coindesk.com/">CoinDesk</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.coindesk.com/business/2026/04/21/core-scientific-seeks-usd3-3-billion-bond-sale-to-further-ai-data-center-pivot">Core Scientific plans to raise $3.3B via a junk bond sale to finance its shift from crypto mining to building AI data centers and leasing them to CoreWeave</a></b></span> — What to know: … Core Scientific (CORZ) is preparing to raise $3.3 billion through a junk bond sale as it continues … </p>
Read at source: http://www.techmeme.com/260421/p39#a260421p39