$460M convertible note offering
Company: Core Scientific
The claim, verbatim
A convertible note offering raised $460 million, refinanced debt and eliminated covenants.
Source (primary)
December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “Successful convertible note offering raised $460 million, refinanced debt, eliminated covenants”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The 2024 accomplishments timeline states this directly. The debt tables show $460 million of new unsecured convertible notes.
Confirmed in the source:
- A convertible note offering raised $460 million
- The offering refinanced debt
- The offering eliminated covenants
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11131/pdf/Core_Scientific_December_2024_Company_Presentation.pdf) in full (23,998 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms December 2024 Convertible Note Presentation
Quote: “Successful convertible note offering raised $460 million, refinanced debt, eliminated covenants”