Deleveraging via $19M payoff
Company: Core Scientific - Project: Denton
The claim, verbatim
Core Scientific began deleveraging its balance sheet by paying off $19 million associated with completing 72 MW at Denton.
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “We've also begun to delever our balance sheet by paying off $19 million associated with the completion of 72 megawatts at our Denton center”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
CFO Denise Sterling said the company had begun to delever by paying off $19 million associated with completing 72 MW at Denton.
Confirmed in the source:
- Core Scientific began deleveraging its balance sheet
- It paid off $19 million
- The $19 million was associated with completing 72 MW at the Denton facility
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “We've also begun to delever our balance sheet by paying off $19 million associated with the completion of 72 megawatts at our Denton center”