Bitmain asset purchase with stock consideration
Company: Core Scientific
The claim, verbatim
Core Scientific purchased assets from Bitmain Technologies Delaware Limited and issued 10,735,143 shares of common stock as consideration, pursuant to an asset purchase agreement dated September 5, 2023
Source (primary)
Core Scientific 424B3 filed 2025-02-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “an asset purchase agreement, dated as of September 5, 2023 by and between Bitmain Technologies Delaware Limited, as vendor and Core Scientific, Inc., as purchaser”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The prospectus supplement says Core Scientific issued up to 10,735,143 'Bitmain Shares' under a September 5, 2023 asset purchase agreement with Bitmain Technologies Delaware Limited as vendor and Core Scientific as purchaser. It names the holder reselling the shares as Tospring Technology Limited (defined as 'Bitmain').
Confirmed in the source:
- Core Scientific, Inc. was the purchaser under an asset purchase agreement with Bitmain Technologies Delaware Limited as vendor
- The asset purchase agreement is dated as of September 5, 2023
- Core Scientific issued shares of common stock pursuant to that asset purchase agreement
- The Bitmain Shares registered for resale total up to 10,735,143 shares of common stock
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828025008475/a22625-prospectus8xkearnin.htm) in full (7,000 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2025-02-27
Quote: “an asset purchase agreement, dated as of September 5, 2023 by and between Bitmain Technologies Delaware Limited, as vendor and Core Scientific, Inc., as purchaser”