jain.com

Polaris DS LLC transaction expected Q3 2026 with 440 MW power

Company: Core Scientific

Subject kind
acquisition
Statement date
2026-05-05
Promised by
2026-09-30
Promised amount
440.0 MW
Current status
verified

What the later record shows

Delivered on time · happened August 14, 2026

The promised Q3 2026 closing happened: by 2026-08-14 the Polaris DS LLC acquisition was reported as finalized, securing about 440 MW. Initial power delivery in late 2027 is a separate, later expectation that is not yet due.

“has finalized its $444 million acquisition of Polaris DS LLC, securing an additional 440 megawatts (MW) of grid-connected power capacity”
2026-08-14 · Core Scientific (CORZ) Acquires Polaris, Expands to 1.5 GW Capacity - blockchain.news View cached copy (2026-08-31)Live source ↗
“Closed acquisition of Polaris DS for approximately $444.3 million in cash, subject to customary post-closing adjustments.”
2026-08-14 · Core Scientific completes $444M acquisition of Polaris DS, secures ~440 MW toward Muskogee 1.5 GW plan - TradingView View cached copy (2026-08-31)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Polaris DS LLC transaction subject to customary regulatory approvals is expected to close in third quarter of 2026 with approximately 440 MW of power capacity and initial power delivery expected in late 2027

Source (primary)

core-scientific 8-K exhibit (q1fy26earningsdeck.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗

Quote: “The Polaris DS LLC transaction, subject to customary regulatory approvals and closing conditions, is expected to close in the third quarter of 2026... ~440 MW THROUGH THE POLARIS ACQUISITION... Expect initial power delivery in late 2027.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The May 6, 2026 earnings deck states the expected Q3 2026 closing, the regulatory conditions, the ~440 MW through the Polaris acquisition, and initial power delivery in late 2027.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828026031246/q1fy26earningsdeck.htm) in full (14,867 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms core-scientific 8-K exhibit (q1fy26earningsdeck.htm)

Quote: “The Polaris DS LLC transaction, subject to customary regulatory approvals and closing conditions, is expected to close in the third quarter of 2026... ~440 MW THROUGH THE POLARIS ACQUISITION... Expect initial power delivery in late 2027.”

View cached copy (2026-09-08)Live source ↗

confirms Core Scientific completes $444M acquisition of Polaris DS, secures ~440 MW toward Muskogee 1.5 GW plan - TradingView

Quote: “Closed acquisition of Polaris DS for approximately $444.3 million in cash, subject to customary post-closing adjustments.”

View cached copy (2026-08-31)Live source ↗

confirms Core Scientific (CORZ) Acquires Polaris, Expands to 1.5 GW Capacity - blockchain.news

Quote: “has finalized its $444 million acquisition of Polaris DS LLC, securing an additional 440 megawatts (MW) of grid-connected power capacity”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 8, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 1, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.