$625M 0% convertible notes due 2031
Company: Core Scientific
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:
- The December 2024 convertible notes are senior unsecured
- The December 2024 notes total $625 million in principal
- The December 2024 notes carry 0% cash interest
- The December 2024 notes have a $22.49 per share conversion price
- The December 2024 notes mature June 15, 2031
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”
