Core Scientific secured a 500 million USD loan with a one-year term, with an option to increase the total to 1 billion USD. This financing will support property acquisitions, pre-development expenses, and energy contracts.
The company plans to monetize nearly all of its Bitcoin reserves by 2026 to facilitate its move from Bitcoin mining to AI-focused infrastructure, holding 2,537 BTC worth 222 million USD as of the end of 2025.
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