Core Scientific, Inc/tx 8-K filings
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Core Scientific's Compensation Committee approved an increase in CEO Adam Sullivan's annual base salary to $825,000, effective for the 2025 calendar year.
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Core Scientific reports earning 247 self-mined Bitcoin in March 2025, bringing the year-to-date total to 718, while customers earned an estimated 17 Bitcoin at their data centers.
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Core Scientific replaces Marcum LLP with KPMG as its independent registered public accounting firm, effective immediately on March 12, 2025.
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Core Scientific reports February 2025 production and operations updates, including self-mined Bitcoin and hosting services performance.
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Core Scientific announces the appointment of Jim Nygaard as its new CFO, effective March 17, 2025, succeeding Denise Sterling, who will depart on May 1, 2025, after playing a key role in the company's restructuring.
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Core Scientific and CoreWeave expand their partnership with a $1.2 billion agreement to deliver an additional 70MW of infrastructure at Core Scientific's Denton, Texas facility.
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Core Scientific reports a net loss for Q4 2024, driven by non-cash adjustments, while strategically expanding its HPC infrastructure and bitcoin mining operations.
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Core Scientific released its unaudited production and operations updates for January 2025, highlighting the earning of 256 self-mined Bitcoin and 17 Bitcoin earned by customers.
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Core Scientific mined 291 bitcoin in December, bringing their year-to-date total to 6,595, and their customers earned an estimated 18 bitcoin at their data centers.
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Core Scientific successfully closed a private offering of $625 million in convertible senior notes due 2031, including the full exercise of the initial purchasers' option.
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Core Scientific mined 314 bitcoin in November and saw its customers earn an estimated 29 bitcoin at its data centers.
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Core Scientific has received approval for lease amendments in Denton, Texas, significantly expanding its land and power access to support high-performance computing.
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Core Scientific reported a significant net loss for the third quarter of 2024, primarily due to a non-cash mark-to-market adjustment on warrants, while also highlighting growth in its HPC business.
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Core Scientific mined 369 bitcoin in October and saw its customers earn an estimated 52 bitcoin at its data centers.
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Core Scientific has announced that CoreWeave has exercised its final option to expand their high-performance computing infrastructure contract, increasing potential revenue to $8.7 billion.
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Core Scientific mined 345 bitcoin in September and is progressing with its high-performance computing infrastructure expansion.
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Core Scientific's CFO, Denise Sterling, will resign by May 1, 2025, or upon the appointment of her successor, initiating a search for a new financial leader.
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Core Scientific mined 358 bitcoin in August and saw customers earn an estimated 90 bitcoin at their data centers.
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Core Scientific successfully closed a $460 million convertible senior notes offering, using proceeds to repay existing debt and for general corporate purposes.
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Core Scientific announced its second quarter 2024 financial results, marked by a significant net loss due to non-cash adjustments, but also highlighted growth in high-performance computing and a reduction in debt.
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Core Scientific has announced that CoreWeave has exercised an option to expand their high-performance computing hosting contract, adding 112 MW of infrastructure and increasing potential revenue to $6.7 billion.
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Core Scientific reported earning 411 self-mined Bitcoin in July, bringing their year-to-date total to 4,917, and highlighted their participation in the Foundry Donate program.
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Core Scientific has entered into a new employment agreement with Todd M. DuChene, continuing his role as Executive Vice President, Chief Legal and Administrative Officer, Chief Compliance Officer, and Secretary, with updated compensation and benefits.
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Core Scientific's Tranche 2 warrants became exercisable after the company's stock price exceeded $8.72 for 20 consecutive trading days.
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Core Scientific has announced the mandatory conversion of its secured convertible notes, eliminating $260 million of debt and issuing approximately 45 million shares of common stock.
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Core Scientific announced significant high-performance computing (HPC) hosting contracts with CoreWeave, totaling over $4.7 billion in potential revenue, and provided updates on their bitcoin mining operations and infrastructure expansions.
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Core Scientific has announced that CoreWeave has exercised its first option to expand their high-performance computing infrastructure contract, adding approximately 70 MW of capacity.
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Core Scientific has formalized an employment agreement with CEO Adam Sullivan, including a base salary, bonus potential, and significant equity grants.
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Core Scientific is diversifying its business by expanding into high-performance computing (HPC) with a major deal with CoreWeave, while maintaining its bitcoin mining operations.
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8-K: Core Scientific Rejects CoreWeave's $5.75 Per Share Acquisition Proposal, Citing Undervaluation
Core Scientific has rejected an unsolicited proposal from CoreWeave to acquire the company for $5.75 per share, stating that the offer significantly undervalues the company.