Core Scientific funds $104M capex for 70 MW expansion
Company: Core Scientific
The claim, verbatim
For the additional 70 MW expansion, Core Scientific is responsible for funding $104M of capex ($1.5M per MW) for powered core and shell, with no capex credit.
Source (primary)
Fourth Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “For the additional 70 MW expansion, 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 to the contract summary states these terms directly.
Confirmed in the source:
- For the additional 70 MW expansion, Core Scientific is responsible for funding $104M of capex ($1.5M per MW) for the powered core and shell
- There is no capex credit associated with the 70 MW expansion agreement
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11266/pdf/Q4+FY25+earnings+deck+vfinal.2+PDF.pdf) in full (13,731 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2025 Earnings Presentation
Quote: “For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell”