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Form 8-K · Current Report · Filed 2026-04-21

Core Scientific Announces Proposed $3.3 Billion Senior Secured Notes Offering

On April 21, 2026, Core Scientific, Inc. announced a proposed offering of $3.3 billion aggregate principal amount of senior secured notes due 2031. The notes will be issued by Core Scientific Finance I LLC, an indirect subsidiary, and guaranteed by its subsidiaries. The Company intends to use a portion of the net proceeds to repay its outstanding delayed draw term loans. The offering is subject to market conditions and other factors.

Filer
Core Scientific Inc. CORZ · NASDAQ
Filed
Accession
0001193125-26-165121
CIK
0001839341
Signal
Medium impactTechnology

Items reported

Item events

Reported Item

New Debt Issued Financial Instrument Agreement

Market reaction

Close before filing

$19.87

Next session

+6.6%

Since filing

+4.3%

Latest close

$20.72

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CORZ reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, CORZ insiders reported 13 Form 4 transactions — net selling of $1.2M.

Full CORZ insider history →

About Core Scientific Inc.

Core Scientific Inc. is a leading provider of blockchain infrastructure and artificial intelligence-related services and solutions. This dynamic company primarily focuses on the development of high-performance data centers designed to support digital asset mining and blockchain networks. The firm operates vast and sophisticated facilities that offer hosting services, providing clients with the necessary infrastructure to mine cryptocurrencies, including Bitcoin. Core Scientific Inc. is deeply embedded within the technology and financial sectors, leveraging advanced computing environments that enable scalable, secure, and efficient processing of blockchain transactions. Founded on the principles of innovation and operational excellence, Core Scientific has positioned itself as a significant player in the growth of blockchain technology, impacting how digital currencies are mined and managed. Its role in the financial markets includes supporting the decentralized finance ecosystem and contributing to the broader adoption of cryptocurrencies by enhancing the technical framework required for their operation and legitimacy.

Exchange NASDAQ Industry Software - Infrastructure Company website ↗

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