Bitmain Technologies asset purchase
Company: Core Scientific
The claim, verbatim
Core Scientific purchased assets from Bitmain Technologies Delaware Limited pursuant to an asset purchase agreement dated September 5, 2023, receiving approximately 10,735,143 shares of Common Stock
Source (primary)
Core Scientific 424B3 filed 2024-10-08 (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 part of this claim, but not all of it.
The filing confirms the September 5, 2023 asset purchase agreement, with Bitmain Technologies Delaware Limited as vendor and Core Scientific as purchaser. It reverses the claim's share flow: Core Scientific issued up to 10,735,143 shares to Tospring Technology Limited, rather than receiving them.
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
- Up to 10,735,143 shares of Core Scientific Common Stock (the 'Bitmain Shares') relate to that agreement
We could not confirm this from the cited source:
- Core Scientific received the 10,735,143 shares; the document says Core Scientific issued these shares to Tospring Technology Limited ('Bitmain'), which is registered to resell them
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828024042441/a10724-prospectussupplement.htm) in full (6,694 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2024-10-08
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”
