Restricted cash release from credit package
Company: Core Scientific
The claim, verbatim
The company said the $600 million credit package would free about $300 million of restricted cash.
Source (primary)
Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance (-, news_article)
View cached copy (2026-10-16)Live source ↗
Quote: “it said would free about $300 million of restricted cash”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance
Quote: “it said would free about $300 million of restricted cash”