Cryptocurrency21 Apr 2026SEO 801 min read

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

The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue. Core Scientifi…

The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue. Core Scientific (CORZ) is raising $3.3B via a junk bond sale to finance its shift from crypto mining to AI-focused data center operations. The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue. This high-yield debt issuance (part of $17.9B raised in AI infrastruct…

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