$460M 3% convertible notes due 2029
Company: Core Scientific
The claim, verbatim
Core Scientific's August 2024 senior unsecured convertible notes total $460 million, carry 3% cash interest and an $11.00 conversion price, and mature September 1, 2029.
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: “$460 Million ... 3% cash interest ... September 1, 2029”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The convertible notes summary slide lists the August note at $460 million, 3% cash interest, an $11.00 conversion price, and a September 1, 2029 maturity.
Confirmed in the source:
- The August 2024 convertible notes are senior unsecured
- The August 2024 notes total $460 million in principal
- The August 2024 notes carry 3% cash interest
- The August 2024 notes have an $11.00 per share conversion price
- The August 2024 notes mature September 1, 2029
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: “$460 Million ... 3% cash interest ... September 1, 2029”