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Loss in value on mining-related assets

Company: Core Scientific

Subject kind
guidance
Statement date
2026-11-05
Promised amount
266500000.0 USD
Current status
stated

The claim, verbatim

Core Scientific said weaker mining conditions contributed to a $266.5 million loss in value on its mining-related assets earlier this year.

Source (primary)

Core Scientific to Wind Down Bitcoin Mining By Q4 2026 as AI Takes Over - Coinpedia (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Core Scientific said weaker mining conditions contributed to a $266.5 million loss in value on its mining-related assets earlier this year.”

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 to Wind Down Bitcoin Mining By Q4 2026 as AI Takes Over - Coinpedia

Quote: “Core Scientific said weaker mining conditions contributed to a $266.5 million loss in value on its mining-related assets earlier this year.”

View cached copy (2026-11-06)Live source ↗Archive.org ↗