Polaris contingent $40M payment for added capacity
Company: Core Scientific
The claim, verbatim
Core Scientific would owe an additional $40 million in cash if an additional 40 MW of firm electric capacity becomes available to Polaris DS LLC before December 31, 2026; the condition had not been satisfied as of September 30, 2026.
Source (primary)
Core Scientific 10-Q filed 2026-11-05 (SEC EDGAR, sec_filing)
View cached copy (2026-11-06)Live source ↗
Quote: “The purchase price is subject to an additional $ 40 million cash payment in the event that an additional 40 MW of firm electric capacity becomes available to Polaris DS LLC prior to December 31, 2026.”
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 10-Q filed 2026-11-05
Quote: “The purchase price is subject to an additional $ 40 million cash payment in the event that an additional 40 MW of firm electric capacity becomes available to Polaris DS LLC prior to December 31, 2026.”