Bitmain mining asset purchase
Company: Core Scientific
The claim, verbatim
Core Scientific acquired mining equipment and related assets from Bitmain Technologies pursuant to an asset purchase agreement dated September 5, 2023, for which Core Scientific issued 10,735,143 shares of common stock
Source (primary)
Core Scientific 424B3 filed 2024-05-09 (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 18, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the agreement's date, the parties, and the issuance of 10,735,143 shares under it. It does not say what assets the agreement covered; its separately described miner purchase contracts with Bitmain are not tied to this agreement.
Confirmed in the source:
- Core Scientific entered into an asset purchase agreement dated September 5, 2023 with Bitmain Technologies Delaware Limited as vendor and Core Scientific as purchaser
- Core Scientific issued 10,735,143 shares of common stock pursuant to that asset purchase agreement, to Tospring Technology Limited (defined as 'Bitmain')
We could not confirm this from the cited source:
- The assets acquired under the September 5, 2023 asset purchase agreement were mining equipment and related assets
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/1839341/000162828024022276/prospectussupplement.htm) in full (212,137 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2024-05-09
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”