Block, Inc ASIC procurement agreement
Company: Core Scientific
The claim, verbatim
Entered into 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 mining equipment section of the 10-K describes the 2024 agreement with Block, Inc. to acquire customized 3 nm ASICs.
Confirmed in the source:
- Core Scientific entered into an agreement with Block, Inc.
- The agreement is to acquire 3 nm ASICs customized for digital asset mining
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.”