Pith Wave Signal

3 stories tagged #CORZ

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  1. Core Scientific Secures $3.3 Billion Bond Sale for AI Data Center Expansion
    tech

    Core Scientific Secures $3.3 Billion Bond Sale for AI Data Center Expansion

    Core Scientific is raising $3.3 billion through a junk bond sale to fund its transition to AI-focused data center operations, leasing capacity to CoreWeave.

    last mo. 2 min read
  2. Bitcoin Miner AI Pivot Sparks Sell-Off Fears, Lekker Capital Warns
    crypto

    Bitcoin Miner AI Pivot Sparks Sell-Off Fears, Lekker Capital Warns

    Public Bitcoin miners are shifting to AI compute, potentially liquidating significant BTC holdings to fund the transition, according to Lekker Capital CIO Quinn Thompson.

    2mo ago 1 min read
  3. Core Scientific Sells $175M in Bitcoin to Fuel AI Data Center Growth
    finance

    Core Scientific Sells $175M in Bitcoin to Fuel AI Data Center Growth

    Core Scientific offloads Bitcoin to expand its AI data center operations, signaling a strategic shift in the evolving tech infrastructure landscape.

    3mo ago 1 min read