$460 million senior unsecured convertible notes
Company: Core Scientific
The claim, verbatim
Issued $460 million principal amount of senior unsecured convertible notes with 3% annual cash interest rate, maturing September 1, 2029
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “$460 million 3% cash interest Semi-annually in arrears: March 1st and September 1st September 1, 2029”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The appendix term sheet and debt summary show the $460 million senior unsecured convertible notes issued in August 2024 at 3% cash interest, maturing September 1, 2029.
Confirmed in the source:
- Core Scientific issued $460 million principal of senior unsecured convertible notes
- The notes carry 3% cash interest, paid semi-annually
- The notes mature September 1, 2029
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “$460 million 3% cash interest Semi-annually in arrears: March 1st and September 1st September 1, 2029”