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Blockcap acquisition

Company: Core Scientific

Subject kind
acquisition
Statement date
2022-03-29
Current status
stated

The claim, verbatim

Core Scientific completed the acquisition of Blockcap in July 2021, which claimed to be the largest independent cryptocurrency mining operator in North America at the time

Source (primary)

Core Scientific 10-K filed 2022-03-30 (SEC EDGAR, sec_filing)
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Quote: “In July 2021, we completed the acquisition of Blockcap, one of our largest hosting customers... At the time of the Core/Blockcap merger, Blockcap claimed to be the largest independent cryptocurrency mining operator in North America.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific 10-K filed 2022-03-30

Quote: “In July 2021, we completed the acquisition of Blockcap, one of our largest hosting customers... At the time of the Core/Blockcap merger, Blockcap claimed to be the largest independent cryptocurrency mining operator in North America.”

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