Core Scientific stacks ~$3B+ of senior secured notes behind its Texas AI conversion capex

The June 2026 Reeves County report cites $3.3B of senior secured notes backed by long-term hosting agreements funding the Pecos conversion; Core Scientific's Q1 2026 presentation headlines ~$3B of financing fueling a 3 GW multi-site expansion, alongside a $232M Texas acquisition partly funded by selling 2,385 BTC.

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