jain.com

Block ASICs supply agreement

Company: Core Scientific

Subject kind
acquisition
Statement date
2026-03-01
Current status
stated

The claim, verbatim

In 2024, Core Scientific entered into an agreement with Block, Inc. to acquire 3 nm ASICs customized for digital asset mining.

Source (primary)

Core Scientific 10-K filed 2026-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “In 2024 we entered into an agreement with Block, Inc. a technology company developing ASICs, to acquire 3 nm ASICs customized for digital asset mining.”

How we checked this

Checked on September 16, 2026. The cited source supports every part of this claim.

The filing states the 2024 agreement with Block, Inc. to acquire 3 nm ASICs customized for digital asset mining.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828026013305/core-20251231.htm) in full (480,882 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 10-K filed 2026-03-02

Quote: “In 2024 we entered into an agreement with Block, Inc. a technology company developing ASICs, to acquire 3 nm ASICs customized for digital asset mining.”

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