CoreWeave contract term and renewal options
Company: Core Scientific
The claim, verbatim
12-year contracts with two 5-year renewal options for CoreWeave partnership
Source (primary)
Fourth Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗
Quote: “12-year contracts with two 5-year options”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The transaction summary lists 12-year contracts with two 5-year options. A footnote notes that the Austin, Texas contract is 7 years with elective extensions.
Confirmed in the source:
- The CoreWeave contracts have 12-year terms
- The CoreWeave contracts include two 5-year options
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11132/pdf/CORZ_Earnings_Presentation_Q4_2024.pdf) in full (26,814 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation
Quote: “12-year contracts with two 5-year options”