~$650M expected from Tranche 1 warrants
Company: Core Scientific
The claim, verbatim
Nygaard expects about $650 million from Tranche 1 warrants around their January 2027 expiration.
Source (primary)
Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - Yahoo Finance (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “Nygaard expects about $650 million from Tranche 1 warrants around their January 2027 expiration.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article states that Nygaard expects about $650 million from Tranche 1 warrants around their January 2027 expiration.
Confirmed in the source:
- Nygaard expects about $650 million from Tranche 1 warrants
- The Tranche 1 warrants expire around January 2027
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/crypto/articles/core-scientific-quitting-bitcoin-mining-195250741.html) in full (13,141 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - Yahoo Finance
Quote: “Nygaard expects about $650 million from Tranche 1 warrants around their January 2027 expiration.”
confirms Core Scientific Is Quitting Bitcoin Mining as It Now Makes About 92% of Its Revenue Renting to AI Customers - 24/7 Wall St.
Quote: “Nygaard expects about $650 million from Tranche 1 warrants around their January 2027 expiration.”