~$650M from Tranche 1 warrant exercise Jan 2027
Company: Core Scientific
The claim, verbatim
Core Scientific expects approximately $650 million in cash proceeds from exercise of its Tranche 1 warrants around their January 2027 expiration.
Source (primary)
[Core Scientific Q3 2026 Earnings Call] Colocation Revenue Jumps 60% to $215M, Adjusted EBITDA Triples to $134M as CoreWeave Capacity Hits 485 MW - BigGo Finance (-, news_article)
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Quote: “Core Scientific also expects approximately $650 million in cash proceeds from the exercise of its Tranche 1 warrants around their January 2027 expiration.”
How we checked this
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Additional evidence
confirms [Core Scientific Q3 2026 Earnings Call] Colocation Revenue Jumps 60% to $215M, Adjusted EBITDA Triples to $134M as CoreWeave Capacity Hits 485 MW - BigGo Finance
Quote: “Core Scientific also expects approximately $650 million in cash proceeds from the exercise of its Tranche 1 warrants around their January 2027 expiration.”