$104M Core-funded capex for 70 MW expansion
Company: Core Scientific
The claim, verbatim
Core Scientific is responsible for funding $104 million of capex ($1.5M per MW) for the powered core and shell of the 70 MW expansion, with no capex credit.
Source (primary)
core-scientific 8-K exhibit (exhibit992-q12025earning.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗
Quote: “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 17, 2026. The cited source supports every part of this claim.
A footnote states that for the 70 MW expansion Core Scientific funds $104 million of capex ($1.5M per MW) for the powered core and shell, with no capex credit.
Confirmed in the source:
- Core Scientific is responsible for funding $104 million of capex for the 70 MW expansion
- The capex works out to $1.5 million per MW
- The capex covers the powered core and shell
- There is no capex credit associated with the new agreement
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828025023161/exhibit992-q12025earning.htm) in full (28,145 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (exhibit992-q12025earning.htm)
Quote: “Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell”