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Core Scientific, Inc. (CORZ) is the issuer in a Schedule 13G reporting shared voting and dispositive power over 24,488,600 shares, listed as 7.6% of the class. The reporting persons are MFN Partners, LP; MFN Partners GP, LLC; MFN Partners Management, LP; MFN Partners Management, LLC; Michael F. DeMichele; and Farhad Nanji. The reported amount comprises 16,700,000 shares of common stock and 7,788,600 shares issuable upon exercise of options. The filing identifies MFN Partners, LP as the direct holder; each reporting person disclaims beneficial ownership except to the extent of its or his pecuniary interest. The percentage calculation uses 321,340,441 common shares outstanding as of July 23, 2026. DeMichele and Nanji are managing members of MFN GP and MFN LLC.
Key Figures
Reported beneficial ownership:24,488,600 sharesPercent of class:7.6%Common stock:16,700,000 shares+2 more
5 metrics
Reported beneficial ownership24,488,600 sharesShared voting and dispositive power reported
Percent of class7.6%Based on shares outstanding as of July 23, 2026
Common stock16,700,000 sharesIncluded in the reported amount
Shares issuable upon exercise of options7,788,600 sharesIncluded in the reported amount
Common shares outstanding321,340,441 sharesAs of July 23, 2026
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared Voting Powerregulatory
"Shared Voting Power 24,488,600.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 24,488,600.00"
pecuniary interestregulatory
"except to the extent of its or his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many CORZ shares do the reporting persons report?
The reporting persons report shared voting and dispositive power over 24,488,600 shares, listed as 7.6% of the class. The reported amount comprises 16,700,000 shares of common stock and 7,788,600 shares issuable upon exercise of options.
Who directly holds the reported CORZ shares?
The filing identifies MFN Partners, LP as the direct holder. The reporting persons also include MFN Partners GP, LLC; MFN Partners Management, LP; MFN Partners Management, LLC; Michael F. DeMichele; and Farhad Nanji.
What share count was used to calculate the CORZ ownership percentage?
The 7.6% calculation is based on 321,340,441 shares of common stock outstanding as of July 23, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CORE SCIENTIFIC, INC.
(Name of Issuer)
Common Stock, $0.00001 par value
(Title of Class of Securities)
21874A106
(CUSIP Number)
10/13/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
21874A106
1
Names of Reporting Persons
MFN Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,488,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,488,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,488,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.6 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The shares represented in Rows 6, 8 and 9 consist of i) 16,700,000 shares of Common Stock and ii) 7,788,600 shares issuable upon exercise of options to purchase Common Stock.
SCHEDULE 13G
CUSIP Number(s):
21874A106
1
Names of Reporting Persons
MFN Partners GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,488,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,488,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,488,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The shares represented in Rows 6, 8 and 9 consist of i) 16,700,000 shares of Common Stock and ii) 7,788,600 shares issuable upon exercise of options to purchase Common Stock.
SCHEDULE 13G
CUSIP Number(s):
21874A106
1
Names of Reporting Persons
MFN Partners Management, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,488,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,488,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,488,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.6 %
12
Type of Reporting Person (See Instructions)
IA, PN
Comment for Type of Reporting Person: The shares represented in Rows 6, 8 and 9 consist of i) 16,700,000 shares of Common Stock and ii) 7,788,600 shares issuable upon exercise of options to purchase Common Stock.
SCHEDULE 13G
CUSIP Number(s):
21874A106
1
Names of Reporting Persons
MFN Partners Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,488,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,488,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,488,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The shares represented in Rows 6, 8 and 9 consist of i) 16,700,000 shares of Common Stock and ii) 7,788,600 shares issuable upon exercise of options to purchase Common Stock.
SCHEDULE 13G
CUSIP Number(s):
21874A106
1
Names of Reporting Persons
Michael F. DeMichele
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,488,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,488,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,488,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.6 %
12
Type of Reporting Person (See Instructions)
IN, HC
Comment for Type of Reporting Person: The shares represented in Rows 6, 8 and 9 consist of i) 16,700,000 shares of Common Stock and ii) 7,788,600 shares issuable upon exercise of options to purchase Common Stock.
SCHEDULE 13G
CUSIP Number(s):
21874A106
1
Names of Reporting Persons
Farhad Nanji
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,488,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,488,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,488,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.6 %
12
Type of Reporting Person (See Instructions)
IN, HC
Comment for Type of Reporting Person: The shares represented in Rows 6, 8 and 9 consist of i) 16,700,000 shares of Common Stock and ii) 7,788,600 shares issuable upon exercise of options to purchase Common Stock.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
CORE SCIENTIFIC, INC.
(b)
Address of issuer's principal executive offices:
838 WALKER ROAD, SUITE 21-2105, DOVER, DE 19904
Item 2.
(a)
Name of person filing:
This Schedule 13G is filed by (i) MFN Partners, LP (the "Partnership"); (ii) MFN Partners GP, LLC ("MFN GP"), as the general partner of the Partnership; (iii) MFN Partners Management, LP ("MFN Management"), as the investment adviser to the Partnership; (iv) MFN Partners Management, LLC ("MFN LLC"), as the general partner of MFN Management; (v) Michael F. DeMichele, as a managing member of MFN GP and of MFN LLC; and (vi) Farhad Nanji, as a managing member of MFN GP and of MFN LLC (each, a "Reporting Person" and collectively, the "Reporting Persons"). The shares reported herein are directly held by the Partnership, and each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of its or his pecuniary interest therein. The agreement among the Reporting Persons to file the Schedule 13G jointly (the "Joint Filing Agreement") is filed herewith as Exhibit 1.
(b)
Address or principal business office or, if none, residence:
The Partnership is a Delaware limited partnership. MFN GP is a Delaware limited liability company. MFN Management is a Delaware limited partnership. MFN LLC is a Delaware limited liability company. Michael F. DeMichele and Farhad Nanji are citizens of the United States.
(d)
Title of class of securities:
Common Stock, $0.00001 par value
(e)
CUSIP Number(s):
21874A106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this paragraph is set forth in the cover pages to this Schedule 13G and is incorporated herein by reference.
(b)
Percent of class:
The information required by this paragraph is set forth in the cover pages to this Schedule 13G and is incorporated herein by reference. Percentage ownership is based on 321,340,441 shares of Common Stock outstanding as of July 23, 2026, as reported in the Issuer's Report on Form 10-Q for the period ended June 30, 2026 filed with the Securities and Exchange Commission on July 28, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this paragraph is set forth in the cover pages to this Schedule 13G and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by this paragraph is set forth in the cover pages to this Schedule 13G and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this paragraph is set forth in the cover pages to this Schedule 13G and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this paragraph is set forth in the cover pages to this Schedule 13G and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
