Acquisition of Argo colocated ASIC servers
Company: Core Scientific
The claim, verbatim
Core Scientific completed acquisition of Argo's ASIC servers that were colocated in the company's data centers.
Source (primary)
Core Scientific, Inc. — Entry #1842: Adversary case 22-03345 (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “the Company's long-planned acquisition of Argo's ASIC servers that were colocated in the Company's data centers.”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The complaint quotes Core Scientific's July 5, 2022 press release. It attributes a May-to-June decline in colocated hashrate to the acquisition of Argo's colocated ASIC servers, which indicates the acquisition had been carried out.
Confirmed in the source:
- Core Scientific acquired Argo's ASIC servers that had been colocated in its data centers
- The acquisition was long-planned and had taken effect by June 2022, when it reduced colocated EH/s between May and June
What we did: Read our cached copy of RECAP (purchased via PACER) (https://storage.courtlistener.com/recap/gov.uscourts.txsb.460090/gov.uscourts.txsb.460090.1842.0.pdf) in full (60,424 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. — Entry #1842: Adversary case 22-03345
Quote: “the Company's long-planned acquisition of Argo's ASIC servers that were colocated in the Company's data centers.”