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$300M restricted cash release from financing

Company: Core Scientific

Subject kind
financing
Statement date
2026-09-03
Promised amount
300.0 USD
Current status
stated

The claim, verbatim

The financing package is expected to release about $300 million of restricted cash

Source (primary)

Core Scientific Gains as Crypto Rally and Fresh Financing Support Sentiment - Quiver Quantitative (-, news_article)
View cached copy (2026-09-04)Live source ↗Archive.org ↗

Quote: “The company said that financing package is expected to release about $300 million of restricted cash”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states the financing package is expected to release about $300 million of restricted cash.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.quiverquant.com/news/Core+Scientific+Gains+as+Crypto+Rally+and+Fresh+Financing+Support+Sentiment) in full (7,889 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific Gains as Crypto Rally and Fresh Financing Support Sentiment - Quiver Quantitative

Quote: “The company said that financing package is expected to release about $300 million of restricted cash”

View cached copy (2026-09-04)Live source ↗Archive.org ↗