Core Scientific Plans $3.3 Billion Debt Raise to Accelerate AI Pivot
Key Takeaways: Core Scientific plans $3.3 billion debt raise for 2031 notes, pivoting from bitcoin mining. JPMorgan-backed $1 billion credit and asset sales signal shift to AI data center revenue. Core Scientific may sell all of its bitcoin in 2026, showing miners moving toward stable AI income. Bitcoin Miner Core Scientific Eyes Major Debt Offering…
