Rapid increase in high-density colocation revenue
Company: Core Scientific
The claim, verbatim
Company expects to rapidly increase revenue derived from high-density colocation services, which currently represents a minority of total revenue
Source (primary)
core-scientific 8-K exhibit (ef20057995_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “We currently derive the majority of our revenue from earning digital assets for our own account but expect to rapidly increase revenue derived from high-density colocation ("HDC").”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The release says the company currently earns most of its revenue from mining digital assets but expects to rapidly increase high-density colocation revenue. Because mining is the majority, colocation is necessarily a minority share.
Confirmed in the source:
- Core Scientific expects to rapidly increase revenue derived from high-density colocation
- Core Scientific currently derives the majority of its revenue from earning digital assets for its own account, so high-density colocation accounts for less than half of total revenue
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000114036125039808/ef20057995_ex99-1.htm) in full (6,098 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (ef20057995_ex99-1.htm)
Quote: “We currently derive the majority of our revenue from earning digital assets for our own account but expect to rapidly increase revenue derived from high-density colocation ("HDC").”