August 2024 senior unsecured convertible note
Company: Core Scientific
The claim, verbatim
Issued $460 million senior unsecured convertible note with 3% cash interest, due September 1, 2029
Source (primary)
Fourth Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗
Quote: “Principal • $460 million Interest Rate • 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 summary of new senior unsecured convertible notes lists the August note with these terms. The debt slides describe it as recently issued.
Confirmed in the source:
- Core Scientific issued an August senior unsecured convertible note
- The note has $460 million in principal
- The note carries 3% cash interest
- The note matures September 1, 2029
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11132/pdf/CORZ_Earnings_Presentation_Q4_2024.pdf) in full (26,814 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Principal • $460 million Interest Rate • 3% cash interest Maturity • September 1, 2029”