Planned uses of Morgan Stanley financing proceeds
Company: Core Scientific
The claim, verbatim
Proceeds will support general corporate purposes tied to datacenter buildout, including equipment purchases, land acquisitions, early-stage project costs, and energy supply agreements
Source (primary)
Core Scientific Gets $1B Morgan Stanley Facility for AI Push - CoinMarketCap (-, news_article)
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Quote: “Core Scientific said the proceeds will support general corporate purposes tied to its datacenter buildout. Planned uses include equipment purchases, land acquisitions, early-stage project costs, and energy supply agreements for future facilities.”
How we checked this
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Additional evidence
confirms Core Scientific Gets $1B Morgan Stanley Facility for AI Push - CoinMarketCap
Quote: “Core Scientific said the proceeds will support general corporate purposes tied to its datacenter buildout. Planned uses include equipment purchases, land acquisitions, early-stage project costs, and energy supply agreements for future facilities.”