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Deep Tide TechFlow News: On March 23rd, according to The Block, Bitcoin mining company Core Scientific announced that it has secured a $500 million credit facility from JPMorgan Chase, combined with the previously committed $500 million from Morgan Stanley, bringing the total financing scale to $1 billion. The loan interest rate is SOFR+250 basis points. The company plans to use the funds to acquire real estate, purchase equipment, and accelerate the transformation of its existing mining operations into data centers supporting high-density AI computing. The company also plans to sell most of its Bitcoin reserves in 2026 to advance its strategic transformation.