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$300M restricted cash release

Company: Core Scientific

Subject kind
financing
Statement date
2026-08-27
Promised amount
300.0 M USD
Current status
stated

The claim, verbatim

Expected release of about US$300 million in restricted cash

Source (primary)

Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st (-, news_article)
View cached copy (2026-09-04)Live source ↗Archive.org ↗

Quote: “the expected release of about US$300 million in restricted cash, which could materially increase Core Scientific's capital efficiency and financial flexibility”

How we checked this

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Additional evidence

confirms Core Scientific (CORZ) Is Down 5.6% After Securing $600M In New Credit Facilities And Liquidity Release - simplywall.st

Quote: “the expected release of about US$300 million in restricted cash, which could materially increase Core Scientific's capital efficiency and financial flexibility”

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