$625M 0% convertible notes due 2031
Company: Core Scientific
The claim, verbatim
December 2024 senior unsecured convertible notes: $625 million principal, 0% interest, maturing June 15, 2031, conversion price $22.49/share.
Source (primary)
First Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “$625 Million • 0% cash interest • None • June 15, 2031”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The presentation's summary of new senior unsecured convertible notes states every one of these terms for the December convertible note.
Confirmed in the source:
- The December 2024 convertible notes are senior unsecured convertible notes
- The December 2024 convertible notes have $625 million in principal
- The December 2024 convertible notes carry 0% cash interest
- The December 2024 convertible notes mature on June 15, 2031
- The December 2024 convertible notes have a conversion price of $22.49 per share
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11247/pdf/First+Quarter+Fiscal+Year+2025+Earnings+Presentation.pdf) in full (28,649 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms First Quarter Fiscal Year 2025 Earnings Presentation
Quote: “$625 Million • 0% cash interest • None • June 15, 2031”