Bitcoin Sale Requirement Under Debt Agreements
Company: Core Scientific
The claim, verbatim
Company is required by its existing debt agreements to sell bitcoin within ten days of receipt
Source (primary)
Core Scientific 10-Q filed 2024-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Currently the Company is required by its existing debt agreements to sell bitcoin it earns within ten days of receipt.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states this requirement in two places, once in the Digital Assets policy note and again in the accompanying disclosure.
Confirmed in the source:
- The company's existing debt agreements require it to sell the bitcoin it earns within ten days of receipt
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828024021848/core-20240331.htm) in full (237,819 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 10-Q filed 2024-05-09
Quote: “Currently the Company is required by its existing debt agreements to sell bitcoin it earns within ten days of receipt.”