CoreWeave-funded buildout credited against hosting fees
Company: Core Scientific
The claim, verbatim
CoreWeave funds up to $1.5 million per MW (~$750 million) of data center buildout costs, credited against hosting payments at no more than 50% of monthly fees until repaid.
Source (primary)
core-scientific 8-K exhibit (ef20057150_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-28)Live source ↗
Quote: “Up to $1.5 million per MW (or approximately $750 million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms core-scientific 8-K exhibit (ef20057150_ex99-1.htm)
Quote: “Up to $1.5 million per MW (or approximately $750 million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid”