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Possible equity offering for new projects

Company: Core Scientific

Subject kind
financing
Statement date
2026-10-14
Current status
stated

The claim, verbatim

Management said a stock offering at current prices is possible but would raise the bar for new projects, and that multi-GW sites require equity.

Source (primary)

Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance (-, news_article)
View cached copy (2026-10-16)Live source ↗

Quote: “said a stock offering at current prices is possible but raises the bar for new projects, with multi-GW sites requiring equity”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance

Quote: “said a stock offering at current prices is possible but raises the bar for new projects, with multi-GW sites requiring equity”

View cached copy (2026-10-16)Live source ↗