December 3 news: U.S. listed mining company Core Scientific announced a private placement of $500 million of convertible senior notes due 2031 to qualified institutional buyers. Core Scientific also hopes to grant the initial purchasers of the notes purchase options to settle within 13 days (including the day of issuance) of the initial issuance of the notes, for an additional maximum of $75 million in principal of the notes. Core Scientific intends to use the net proceeds from this offering for general corporate purposes, including working capital, operating expenses, capital expenditures, acquiring complementary businesses, or repurchasing its securities.