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Core Scientific secures up to $1B credit from Morgan Stanley for data centers

CoinTelegraph|Cointelegraph by Nate Kostar|March 5, 2026 at 05:16 PM

Image via CoinTelegraph

🤖AI Summary

Core Scientific secured up to $1 billion in credit financing from Morgan Stanley to support data center infrastructure for high-density computing workloads. The funding will enable the Bitcoin mining company to expand into artificial intelligence and high-performance computing services.

Key Takeaways

→Core Scientific obtained up to $1 billion credit facility from Morgan Stanley for data center expansion
→The financing will support infrastructure for high-density computing including AI and HPC workloads
→This represents a strategic pivot for the Bitcoin mining company into broader data center services
→Morgan Stanley's backing provides significant institutional credibility to Core Scientific's expansion plans
→The move highlights the convergence between crypto mining infrastructure and AI computing demands

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#core-scientific #morgan-stanley #bitcoin-mining #data-centers #artificial-intelligence #hpc #financing #infrastructure #crypto-mining

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