Bitcoin Miner Core Scientific Bets on AI Boom With $1 Billion Backing From Morgan Stanley

Core Scientific has secured a financing agreement with Morgan Stanley worth up to $1 billion to expand its digital infrastructure operations. The company completed the initial $500 million closing ...

By · · 1 min read
Bitcoin Miner Core Scientific Bets on AI Boom With $1 Billion Backing From Morgan Stanley

Source: cryptonews.net

Core Scientific has secured a financing agreement with Morgan Stanley worth up to $1 billion to expand its digital infrastructure operations. The company completed the initial $500 million closing of a 364-day loan facility, which includes an option to ...