Core Scientific capex for additional 70 MW CoreWeave expansion
Company: Core Scientific
The claim, verbatim
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, with no capex credit.
Source (primary)
Investor Conference Call 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 with no capex credit associated with this new agreement”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The presentation states that Core Scientific funds $104 million of capex for the 70 MW expansion with no capex credit.
Confirmed in the source:
- CoreWeave has an additional 70 MW expansion with Core Scientific
- Core Scientific is responsible for funding $104 million of capex, or $1.5 million per MW, for the powered core and shell of the 70 MW expansion
- 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/1066/11263/pdf/Core+Scientific+Investor+Update+Presentation+FINAL.pdf) in full (11,378 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Conference Call 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 with no capex credit associated with this new agreement”