Polaris acquisition contingent payment
Company: Core Scientific
The claim, verbatim
Acquisition price may increase by $40 million if another 40 megawatts of firm capacity becomes available by December 31, 2026
Source (primary)
Core Scientific Closes Polaris Deal to Expand Oklahoma AI Campus - TheEnergyMag (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “The price may increase by $40 million if another 40 megawatts of firm capacity becomes available by Dec. 31, according to the merger filing with the US Securities and Exchange Commission”
How we checked this
Checked on September 19, 2026. The cited source supports part of this claim, but not all of it.
The document supports the $40 million contingent payment tied to 40 MW of firm capacity by Dec. 31, but does not explicitly state the year is 2026.
Confirmed in the source:
- The price may increase by $40 million
- The increase is contingent on another 40 megawatts of firm capacity becoming available
- The deadline is December 31
We could not confirm this from the cited source:
- The deadline year is 2026
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 the publisher (https://www.theenergymag.com/news/market-news/core-scientific-polaris-ai-oklahoma) in full (4,240 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific Closes Polaris Deal to Expand Oklahoma AI Campus - TheEnergyMag
Quote: “The price may increase by $40 million if another 40 megawatts of firm capacity becomes available by Dec. 31, according to the merger filing with the US Securities and Exchange Commission”