CoreWeave 12-year colocation power and revenue contract
Company: Core Scientific
The claim, verbatim
CoreWeave has contracted for approximately 590 MW of leased customer power capacity across 5 sites under a 12-year term with two 5-year options, generating $10B+ in total revenue potential at approximately $850M average annual revenue
Source (primary)
core-scientific 8-K exhibit (q4fy25earningsdeckvfinal.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annual revenue run rate”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
All four assertions appear in the CoreWeave overview and contract summary slides.
Confirmed in the source:
- CoreWeave is contracted for ~590 MW of leased customer power capacity across 5 sites
- The contract has a 12-year term with two 5-year options
- The contract carries $10B+ in total revenue potential
- The contract carries ~$850M average annual run rate revenue
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828026013214/q4fy25earningsdeckvfinal.htm) in full (14,391 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (q4fy25earningsdeckvfinal.htm)
Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annual revenue run rate”