$300M restricted cash to be released
Company: Core Scientific
The claim, verbatim
The financing package is expected to release about $300 million of restricted cash to improve capital efficiency and support future project execution.
Source (primary)
Core Scientific Gains as Crypto Rally and Fresh Financing Support Sentiment - Quiver Quantitative (-, news_article)
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Quote: “The company said that financing package is expected to release about $300 million of restricted cash, which may improve capital efficiency and support future project execution.”
How we checked this
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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, which may improve capital efficiency and support future project execution.”