---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-020327"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:23:59.075471+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Core Scientific increases credit facility to $1.0B with additional $500M from JPMorgan

## Summary
- Total commitments under facility now $1.0B, up from $500M previously from Morgan Stanley.
- Additional $500M commitment from JPMorgan Chase N.A.; borrowings bear SOFR + 250 bps.
- Proceeds to be used for data center development, including equipment, pre-development costs, property acquisition, and energy procurement.
- CEO Adam Sullivan said the expanded facility positions the company to execute on development and go-to-market strategy.
- Facility is a 364-day credit agreement; incremental amendment closed March 18, 2026.

## SEC filing metadata
- accession: 0001628280-26-020327
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000162828026020327/0001628280-26-020327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000162828026020327/core-20260318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-020327
- JSON: https://secwatch.observer/filing/0001628280-26-020327.json
- Plain text: https://secwatch.observer/filing/0001628280-26-020327.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.