Mining equipment supply agreements with expected Q1 2023 delivery
Company: Core Scientific
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
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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”