Denton 70 MW expansion capex commitment
Company: Core Scientific - Project: Denton
The claim, verbatim
Core Scientific responsible for funding $104 million capex for powered core and shell of 70 MW Denton HPC expansion
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: “For the additional 70MW expansion, Core Scientific is responsible for funding $104 million of capex ($1.5M per MW) for the powered core and shell”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The CoreWeave summary states the $104 million capex obligation for the 70 MW expansion. Other slides identify that ~70 MW expansion as the one at Denton.
Confirmed in the source:
- Core Scientific is responsible for funding $104 million of capex for the additional 70 MW expansion
- The $104 million covers the powered core and shell
- The 70 MW expansion is the Denton site expansion
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: “For the additional 70MW expansion, Core Scientific is responsible for funding $104 million of capex ($1.5M per MW) for the powered core and shell”