Implied equity value ~$9.0B
Company: Core Scientific
The claim, verbatim
As of July 3, 2025, the exchange ratio implies a total equity value for Core Scientific of about $9.0 billion on a fully diluted basis.
Source (primary)
core-scientific 8-K exhibit (d52423dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-11)Live source ↗
Quote: “As of July 3, 2025, the agreed-upon exchange ratio implies a total equity value of approximately $9.0 billion.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The release gives the approximately $9.0 billion implied equity value as of July 3, 2025, calculated on a fully diluted basis.
Confirmed in the source:
- As of July 3, 2025, the exchange ratio implies a total equity value of approximately $9.0 billion
- The equity value is calculated on a fully diluted basis
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000119312525155925/d52423dex991.htm) in full (19,368 characters, retrieved October 11, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (d52423dex991.htm)
Quote: “As of July 3, 2025, the agreed-upon exchange ratio implies a total equity value of approximately $9.0 billion.”