Tag: Scientific

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Core Scientific Plans 1.5GW AI Data Center Campus in Texas

Bitcoin miner Core Scientific plans to scale its Texas operations into a large artificial intelligence-focused data center campus with up to 1.5 gigawatts of...

Core Scientific seeks $3.3 billion bond sale to further AI data center pivot

Core Scientific (CORZ) is preparing to raise $3.3 billion through a junk bond sale as it continues its transition toward artificial intelligence-focused data center...

Morgan Stanley Backs Core Scientific With up to $1B Financing for Data Center Growth

Core Scientific has secured a major financing arrangement with Morgan Stanley that could provide up to $1 billion to support the company’s growing data...

Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI

Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to strengthen liquidity and fund AI-focused data center expansion. The...

Core Scientific turns lower after Q4 results disappoint

Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, reported fourth-quarter revenue of $79.8 million for the period ended Dec. 31, compared with...