Convertible notes equitization removed $260M debt
Company: Core Scientific
The claim, verbatim
Convertible notes equitization removed $260 million of debt from the balance sheet. This includes $233.6 million equitized through the mandatory conversion triggered in July 2024.
Source (primary)
core-scientific 8-K exhibit (corescientificq22024earn.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗
Quote: “$260 million of debt removed from balance sheet through third quarter”
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 core-scientific 8-K exhibit (corescientificq22024earn.htm)
Quote: “$260 million of debt removed from balance sheet through third quarter”