Elimination of >$10B future lease overhead
Company: Core Scientific
The claim, verbatim
The acquisition would immediately eliminate more than $10 billion of cumulative future lease overhead payable for existing contractual sites over the next 12 years.
Source (primary)
core-scientific 8-K exhibit (d52423dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-11)Live source ↗
Quote: “Immediate elimination of over $10 billion of cumulative future lease overhead to be paid for existing contractual sites over the next 12 years.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The release lists the immediate elimination of more than $10 billion of future lease overhead for existing contractual sites over 12 years.
Confirmed in the source:
- The acquisition would immediately eliminate over $10 billion of cumulative future lease overhead
- The lease overhead relates to existing contractual sites
- The overhead would otherwise be paid over the next 12 years
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000119312525155925/d52423dex991.htm) in full (19,368 characters, retrieved October 11, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (d52423dex991.htm)
Quote: “Immediate elimination of over $10 billion of cumulative future lease overhead to be paid for existing contractual sites over the next 12 years.”