Techub News: Bitcoin mining company Core Scientific announced that JPMorgan Chase has added a $500 million commitment through an expansion clause in its 364-day credit facility agreement, bringing the total financing size to $1 billion, following Morgan Stanley's previous commitment of $500 million. The financing rate is the Secured Overnight Financing Rate (SOFR) plus 250 basis points (2.5%). The company plans to use the proceeds for general corporate purposes related to data center asset development, including equipment purchases, preliminary development, land acquisition, and new data center energy procurement.