Repurpose remaining mining facilities for high-density colocation services
Company: Core Scientific
The claim, verbatim
Company intends to repurpose its remaining facilities currently used in digital asset mining to support high-density colocation computing services as circumstances allow
Source (primary)
core-scientific 8-K exhibit (ef20057995_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “We currently intend to repurpose our remaining facilities currently used in our digital asset mining businesses to support our high-density colocation computing services business as circumstances allow and in a manner designed to retain access to electrical power under our control, maximize the value of our digital asset mining equipment to third parties, and fulfill our existing obligations to suppliers and customers.”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The release states the company intends to repurpose its remaining mining facilities for high-density colocation computing services as circumstances allow.
Confirmed in the source:
- Core Scientific currently intends to repurpose its remaining facilities used in digital asset mining to support its high-density colocation computing services business
- The repurposing is to occur as circumstances allow
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000114036125039808/ef20057995_ex99-1.htm) in full (6,098 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (ef20057995_ex99-1.htm)
Quote: “We currently intend to repurpose our remaining facilities currently used in our digital asset mining businesses to support our high-density colocation computing services business as circumstances allow and in a manner designed to retain access to electrical power under our control, maximize the value of our digital asset mining equipment to third parties, and fulfill our existing obligations to suppliers and customers.”