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06.05.26 - 22:09
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Core Scientific Announces First Quarter Fiscal Year 2026 Results (Business Wire)
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Recent Developments
Strengthened the capital structure through today's closing of a $3.3 billion offering of 7.75% senior secured notes due 2031, supporting strategic data center development projects.
Expanded the Company's total gross power capacity pipeline to 4.5 GW, including planned 1.5 GW expansions at each of the Company's Muskogee, Oklahoma and Pecos, Texas campuses.
Closed on the acquisition of land and power in Hunt County, Texas for approximately $233 million, which is expected to support ~430 MW of gross power capacity, with an approved ERCOT interconnection ramp schedule.
Billing for 243 MW of capacity, representing approximately $350 million in average annualized colocation GAAP revenue.
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the first quarter of 2026.
“Core Scientific is differentiated by our ability to combine capital readiness with ...
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24.04.26 - 22:33
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Core Scientific, Inc. Schedules First Quarter Fiscal Year 2026 Earnings Release, Conference Call and Webcast (Business Wire)
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AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced it will release its first quarter 2026 financial results after the financial markets close on Wednesday, May 6, 2026. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time.
Hosting the call and webcast to review results for the first quarter 2026 will be Adam Sullivan, Chief Executive Officer, Matt Brown, Chief Operating Officer, Jim Nygaard, Chief Financial Officer, and Jon Charbonneau, Vice President, Investor Relations.
Conference Call and Webcast Event Summary
Date: May 6, 2026
Time: 3:30 p.m. CT (4:30 p.m. ET)
Investors with Internet access may listen to the live audio webcast directly by clicking here or via the Investors section of the Core Scientific, Inc. website, https://investors.corescientific.com.
Audio Replay Options
An audio replay...
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23.04.26 - 02:36
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Core Scientific Announces Pricing of $3.3 Billion of Senior Secured Notes (Business Wire)
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AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that its wholly-owned subsidiary, Core Scientific Finance I LLC (the “Issuer”), has priced an offering of $3.3 billion aggregate principal amount of 7.750% senior secured notes due 2031 (the “Notes”) at an issue price equal to 99.250% of the principal amount thereof. The Notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside of the United States pursuant to Regulation S under the Securities Act. The offering is expected to close on May 6, 2026, subject to customary closing conditions.
The Issuer intends to use the net proceeds from the offering to fund a debt service reserve account, and the remaining proceeds to ...
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21.04.26 - 13:30
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Core Scientific Announces Proposed Offering of $3.3 Billion of Senior Secured Notes (Business Wire)
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AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation (“HDC”), today announced that its wholly-owned subsidiary, Core Scientific Finance I LLC (the “Issuer”), intends to offer, subject to market conditions and other factors, $3.3 billion aggregate principal amount of senior secured notes due 2031 (the “Notes”), in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside of the United States pursuant to Regulation S under the Securities Act.
The Issuer intends to use the net proceeds from the offering to fund a debt service reserve account, and the remaining proceeds to make a distribution to Core Scientific. Core Scientific intends to use a portion of the net proceeds it receives from the Issuer to repay in full it...
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