Contingent acquisition payment
Company: Core Scientific - Project: Muskogee
The claim, verbatim
Purchase price will be increased by an additional $40 million in cash if an additional 40 megawatts of firm electric capacity becomes available prior to December 31, 2026
Source (primary)
Core Scientific 8-K filed 2026-05-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “will be increased by an additional $40 million in cash in the event that an additional 40 megawatts of firm electric capacity becomes available to the Target prior to December 31, 2026”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The filing says the purchase price rises by $40 million in cash if an additional 40 megawatts of firm electric capacity becomes available to the Target before December 31, 2026.
Confirmed in the source:
- The purchase price will be increased by an additional $40 million in cash
- The increase is contingent on an additional 40 megawatts of firm electric capacity becoming available
- The capacity must become available prior to December 31, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828026030918/core-20260505.htm) in full (16,559 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2026-05-06
Quote: “will be increased by an additional $40 million in cash in the event that an additional 40 megawatts of firm electric capacity becomes available to the Target prior to December 31, 2026”