$460M convertible notes
Company: Core Scientific
The claim, verbatim
Company issued $460 million convertible senior unsecured notes at 3% cash interest with maturity on September 1, 2029
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗
Quote: “$460 million convertible note offering... 3% cash interest... Maturity September 1, 2029”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The appendix's 'Summary of new senior unsecured convertible notes' gives $460 million principal, 3% cash interest and a September 1, 2029 maturity, and the debt summary shows the $460 million note was issued during the quarter.
Confirmed in the source:
- Core Scientific issued $460 million of convertible notes (an August 2024 offering)
- The notes are senior unsecured convertible notes
- The notes carry 3% cash interest
- The notes mature on September 1, 2029
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “$460 million convertible note offering... 3% cash interest... Maturity September 1, 2029”