August 2024 senior unsecured convertible note
Company: Core Scientific
The claim, verbatim
Company issued $460 million senior unsecured convertible note with 3% cash interest, due September 1, 2029
Source (primary)
Fourth Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Principal • $460 million Interest Rate • 3% cash interest Maturity • September 1, 2029”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The appendix table summarizing the new senior unsecured convertible notes lists these terms for the August note.
Confirmed in the source:
- The company issued a senior unsecured convertible note (the August Convertible Note)
- Its principal is $460 million
- It pays 3% cash interest
- It matures on September 1, 2029
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11132/pdf/CORZ_Earnings_Presentation_Q4_2024.pdf) in full (26,814 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Principal • $460 million Interest Rate • 3% cash interest Maturity • September 1, 2029”