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$625M 0% convertible notes due 2031

Company: Core Scientific

Subject kind
financing
Statement date
2025-05-06
Promised by
2031-06-15
Promised amount
625000000.0 USD
Current status
stated

The claim, verbatim

Core Scientific's December 2024 senior unsecured convertible notes total $625 million, carry 0% cash interest and a $22.49 conversion price, and mature June 15, 2031.

Source (primary)

core-scientific 8-K exhibit (exhibit992-q12025earning.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗

Quote: “$625 Million ... 0% cash interest ... June 15, 2031”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

The 'Summary of New Senior Unsecured Convertible Notes' slide lists the December note at $625 million, 0% cash interest, a $22.49 conversion price, and a June 15, 2031 maturity.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828025023161/exhibit992-q12025earning.htm) in full (28,145 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms core-scientific 8-K exhibit (exhibit992-q12025earning.htm)

Quote: “$625 Million ... 0% cash interest ... June 15, 2031”

View cached copy (2026-10-16)Live source ↗