2025 catalyst: diversify customer base
Company: Core Scientific
What the later record shows
Outcome not yet confirmed
As of October 2025, signing a new colocation customer was still listed as something to expect by Q4 earnings, and 2025E colocation revenue was projected at 98% CoreWeave-related. No passage reports the year-end outcome.
“By 2026E, CoreWeave-related revenue is projected to constitute ~95% of Core Scientific’s Colocation revenue”
2025-10-13 · core-scientific 8-K exhibit (ef20056907_ex99-1.htm) View cached copy (2026-09-28)Live source ↗
“What to expect by Q4 earnings Signing of at least one new colocation customer”
2025-10-29 · core-scientific 8-K exhibit (ef20057996_ex99-1.htm) View cached copy (2026-09-27)Live source ↗
Checked October 16, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
2025 catalysts: diversify customer base, execute on existing HPC contracts, expand HPC capacity through organic growth and M&A.
Source (primary)
Fourth Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “2025 catalysts 1 2 3 Diversify our customer base Execute on existing HPC contracts Expand HPC capacity through organic growth and M&A activity”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The presentation's '2025 catalysts' slide lists all three items exactly as the claim states.
Confirmed in the source:
- Core Scientific listed diversifying its customer base as a 2025 catalyst
- Core Scientific listed executing on existing HPC contracts as a 2025 catalyst
- Core Scientific listed expanding HPC capacity through organic growth and M&A activity as a 2025 catalyst
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11132/pdf/CORZ_Earnings_Presentation_Q4_2024.pdf) in full (26,814 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation
Quote: “2025 catalysts 1 2 3 Diversify our customer base Execute on existing HPC contracts Expand HPC capacity through organic growth and M&A activity”