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Core Scientific Plans to Raise $3.3B Through Junk Bond Issuance for AI Infrastructure

GateNews

Stocks AI Tokens

2026-04-21 13:49:38

Gate News message, April 21 — Core Scientific Inc. is planning to raise $3.3 billion through junk bond issuance to finance artificial intelligence infrastructure, joining a wave of high-yield debt issuers tapping the debt market for AI infrastructure funding, according to Bloomberg.

The company is developing six data center facilities, all of which have been contracted to CoreWeave Inc. under a 12-year agreement expected to generate approximately $10 billion in revenue.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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Comment

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ConfusedHunter

· 04-22 16:08

Chong Chong GT 🚀

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ConfusedHunter

· 04-22 16:08

Just charge it 👊

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ConfusedHunter

· 04-22 16:08

Hop in the car!🚗

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ConfusedHunter

· 04-22 16:08

Buy the dip and enter the market 😎

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舍得就是格局

· 04-22 14:51

So the core might be the company generating revenue, right?

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TwoTonsOfSilver

· 04-22 13:06

Are we going back to the previous high?

View OriginalReply0

LOLAH

· 04-21 21:21

The bullish market is at its peak 🐂

View OriginalReply0

LOLAH

· 04-21 21:21

The bullish market is at its peak 🐂

View OriginalReply0

LOLAH

· 04-21 21:21

The bullish market is at its peak 🐂

View OriginalReply0

LOLAH

· 04-21 21:21

Go forward strongly 🚀

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