Pecos COT2 lease term
Company: Core Scientific - Project: Cottonwood
The claim, verbatim
Pecos COT2 facility is leased for 99 years through 2122
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗
Quote: “Leased for 99 years (through 2122)”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The Pecos lease information for COT2 states it is leased for 99 years through 2122.
Confirmed in the source:
- Pecos COT2 is leased for 99 years
- The Pecos COT2 lease runs through 2122
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Leased for 99 years (through 2122)”