jain.com
The Analysis · Companies · People · Methodology

Interest rate on Morgan Stanley facility

Company: Core Scientific

Subject kind
financing
Statement date
2026-08-22
Promised amount
2.5 percent
Current status
stated

The claim, verbatim

Interest at SOFR plus 2.50%

Source (primary)

Core Scientific Gets $1B Morgan Stanley Facility for AI Push - CoinMarketCap (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “The facility carries interest at the Secured Overnight Financing Rate plus 2.50%.”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://coinmarketcap.com/academy/article/core-scientific-gets-dollar1b-morgan-stanley-facility-for-ai-push) in full (5,708 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific Gets $1B Morgan Stanley Facility for AI Push - CoinMarketCap

Quote: “The facility carries interest at the Secured Overnight Financing Rate plus 2.50%.”

View cached copy (2026-08-31)Live source ↗Archive.org ↗