December 2024 senior unsecured convertible note
Company: Core Scientific
The claim, verbatim
Company issued $625 million senior unsecured convertible note with 0% cash interest, due June 15, 2031
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 • $625 million Interest Rate • 0% cash interest Maturity • June 15, 2031”
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 December note.
Confirmed in the source:
- The company issued a senior unsecured convertible note (the December Convertible Note)
- Its principal is $625 million
- It pays 0% cash interest
- It matures on June 15, 2031
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 • $625 million Interest Rate • 0% cash interest Maturity • June 15, 2031”