364-day credit facility expanded to $1 billion
Company: Core Scientific
The claim, verbatim
Core Scientific has secured a total of $1.0 billion in funded commitments under a 364-day credit facility, consisting of $500 million from Morgan Stanley and $500 million from JPMorgan Chase Bank
Source (primary)
core-scientific 8-K exhibit (exhibit991-amendno1credi.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-12)Live source ↗
Quote: “closed an additional $500 million commitment provided by JPMorgan Chase Bank, N.A. under the accordion feature of the Company's previously announced 364-day credit facility (the "Facility"). This brings total funded commitments under the Facility to $1.0 billion, including the previously announced $500 million commitment from Morgan Stanley.”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states the additional $500 million from JPMorgan plus the previously announced $500 million from Morgan Stanley bring total funded commitments to $1.0 billion under the 364-day facility.
Confirmed in the source:
- Core Scientific has $1.0 billion in total funded commitments under a 364-day credit facility
- $500 million commitment came from JPMorgan Chase Bank, N.A.
- $500 million commitment came from Morgan Stanley
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828026020327/exhibit991-amendno1credi.htm) in full (6,279 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (exhibit991-amendno1credi.htm)
Quote: “closed an additional $500 million commitment provided by JPMorgan Chase Bank, N.A. under the accordion feature of the Company's previously announced 364-day credit facility (the "Facility"). This brings total funded commitments under the Facility to $1.0 billion, including the previously announced $500 million commitment from Morgan Stanley.”