Blockcap acquisition completed July 2021
Company: Core Scientific
The claim, verbatim
Old Core completed acquisition of Blockcap, Inc., one of largest hosting customers; acquisition significantly expanded self-mining operations and is source of large number of miners currently owned
Source (primary)
Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
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Quote: “In July 2021, Old Core completed the acquisition of Blockcap, Inc. ('Blockcap')... The acquisition of Blockcap significantly expanded Core Scientific's self-mining operations and is the source of a large number of miners we own”
How we checked this
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Additional evidence
confirms Core Scientific 10-K filed 2023-04-04
Quote: “In July 2021, Old Core completed the acquisition of Blockcap, Inc. ('Blockcap')... The acquisition of Blockcap significantly expanded Core Scientific's self-mining operations and is the source of a large number of miners we own”