Utility-contracted power allocation
Company: Core Scientific
The claim, verbatim
Core Scientific has 1.2 gigawatts of power contracted and allocated by utilities for company use.
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-09-26)Live source ↗
Quote: “we currently have 1.2 gigawatts of contracted power. That's power that utilities have allocated to us for our use only.”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The CEO states the company has 1.2 gigawatts of contracted power that utilities have allocated for its use only.
Confirmed in the source:
- Core Scientific has 1.2 gigawatts of contracted power
- That power is allocated by utilities for the company's use only
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “we currently have 1.2 gigawatts of contracted power. That's power that utilities have allocated to us for our use only.”