HDC conversion strategy
Company: Core Scientific
The claim, verbatim
Intends to convert every megawatt in portfolio to high-density colocation infrastructure over the next three years
Source (primary)
Core Scientific 10-K filed 2026-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We intend to convert every megawatt in our portfolio to high-density colocation infrastructure over the next three years, while continuing to digital asset mine during conversion only to meet existing power commitments at facilities where HDC conversion is taking place or to honor a small number of digital asset mining hosting commitments.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The 10-K states this intention in both the Business section and Management's Discussion and Analysis.
Confirmed in the source:
- Core Scientific states it intends to convert every megawatt in its portfolio to high-density colocation infrastructure over the next three years
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: “We intend to convert every megawatt in our portfolio to high-density colocation infrastructure over the next three years, while continuing to digital asset mine during conversion only to meet existing power commitments at facilities where HDC conversion is taking place or to honor a small number of digital asset mining hosting commitments.”