December 2024 senior unsecured convertible note
Company: Core Scientific
The claim, verbatim
Issued $625 million senior unsecured convertible note with 0% cash interest, due June 15, 2031
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 • $625 million Interest Rate • 0% cash interest Maturity • June 15, 2031”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The appendix summary lists the December note with these terms. The financial highlights confirm a 0% convertible note was issued in Q4.
Confirmed in the source:
- Core Scientific issued a December senior unsecured convertible note
- The note has $625 million in principal
- The note carries 0% cash interest
- The note matures June 15, 2031
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 • $625 million Interest Rate • 0% cash interest Maturity • June 15, 2031”