Build capex $11-12M per MW
Company: Core Scientific
The claim, verbatim
Company estimates $11–12 million per MW as the average capex range for site buildouts, excluding $1–2 million per MW tenant fit-out costs.
Source (primary)
Second Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “Estimating $11 million - $12 million / MW as an average capex range for the site buildouts”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The appendix build-cost slide gives the $11-12 million per MW average capex estimate and says it excludes tenant fit-out costs of $1-2 million per MW.
Confirmed in the source:
- Core Scientific estimates $11 million to $12 million per MW as the average capex range for site buildouts
- The estimate excludes tenant fit-out costs
- Tenant fit-out costs range from $1 million to $2 million per MW
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11282/pdf/Q2+FY26+earnings+deck+7.28+AM.pdf) in full (12,585 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Second Quarter Fiscal Year 2026 Earnings Presentation
Quote: “Estimating $11 million - $12 million / MW as an average capex range for the site buildouts”