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Blockcap Inc. acquisition

Company: Core Scientific

Subject kind
acquisition
Statement date
2023-04-03
Current status
stated

The claim, verbatim

Completed acquisition of Blockcap Inc. in July 2021, former hosting customer claimed to be largest independent cryptocurrency mining operator in North America at acquisition

Source (primary)

Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “In July 2021, Old Core completed the acquisition of Blockcap, Inc. ("Blockcap"), one of Old Core's largest hosting customers... At the time of its acquisition, Blockcap claimed to be the largest independent cryptocurrency mining operator in North America”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document establishes the July 2021 acquisition, Blockcap's prior status as a hosting customer, and its claim to be the largest independent cryptocurrency miner in North America.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828023010454/core-20221231.htm) in full (860,799 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 10-K filed 2023-04-04

Quote: “In July 2021, Old Core completed the acquisition of Blockcap, Inc. ("Blockcap"), one of Old Core's largest hosting customers... At the time of its acquisition, Blockcap claimed to be the largest independent cryptocurrency mining operator in North America”

View cached copy (2026-09-13)Live source ↗