Mining equipment supply agreements with expected Q1 2023 delivery
Company: Core Scientific
What the later record shows
Outcome not yet confirmed
No passage says whether the miner deliveries scheduled through Q1 2023 were completed. The only purchase-agreement detail (P16) covers Bitmain agreements active as of December 31, 2023.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Entered into agreements with vendors to supply mining equipment with delivery expected in monthly installments through first quarter of 2023, with significant portions prepaid as partially refundable deposits and remainder payable in advance of scheduled delivery dates
Source (primary)
Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We have entered into and facilitated agreements with vendors to supply mining equipment for our and our users' digital asset mining operations. We prepay a significant portion of the purchase price for these new miners as partially refundable deposits, with delivery expected to occur in monthly installments through the first quarter of 2023, and the remainder of the purchase price for these new miners is payable in installments, with payment due in advance of the scheduled delivery dates”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K describes each element: the vendor agreements, the partially refundable prepaid deposits, delivery through Q1 2023, and remaining payments due before scheduled delivery.
Confirmed in the source:
- The company entered into and facilitated agreements with vendors to supply mining equipment
- A significant portion of the purchase price is prepaid as partially refundable deposits
- Delivery is expected in monthly installments through the first quarter of 2023
- The remainder of the purchase price is payable in installments due in advance of the scheduled delivery dates
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: “We have entered into and facilitated agreements with vendors to supply mining equipment for our and our users' digital asset mining operations. We prepay a significant portion of the purchase price for these new miners as partially refundable deposits, with delivery expected to occur in monthly installments through the first quarter of 2023, and the remainder of the purchase price for these new miners is payable in installments, with payment due in advance of the scheduled delivery dates”
