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

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-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the 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?

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LOLAH

· 04-21 21:21

The bullish market is at its peak 🐂

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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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