CoreWeave Jumps 10.92% on $2.6B AI Expansion Financing Ranks 33rd in Trading Volume

On July 31, 2025, CoreWeave (CRWV) surged 10.92% with a trading volume of $2.9 billion, marking a 150.51% increase from the prior day and ranking as the 33rd most active stock. This rally followed the announcement of a $2.6 billion secured debt financing led by Morgan Stanley and MUFG, aimed at expanding its AI infrastructure footprint. The facility, part of a broader $25+ billion capital commitment over 18 months, underscores the company’s focus on scaling GPU-accelerated cloud solutions for enterprise AI applications. The funding will support hardware procurement and infrastructure expansion under a long-term agreement with OpenAI, enhancing CoreWeave’s capacity to meet surging demand for high-performance computing.

The new DDTL 3.0 Facility, structured at SOFR +4% and maturing in August 2030, highlights CoreWeave’s progress in optimizing its capital structure. This follows a recent $1.75 billion senior notes offering in late July. Executives emphasized the financing’s role in reducing borrowing costs and strengthening creditworthiness, aligning with the company’s strategy to deliver scalable AI cloud platforms. The transaction, supported by a syndicate including Goldman Sachs, JPMorgan Chase, and Société Générale, reflects strong institutional confidence in CoreWeave’s position within the AI infrastructure ecosystem.

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