CoreWeave renewal options
Company: Core Scientific
The claim, verbatim
The CoreWeave agreements have a 12-year term, and CoreWeave holds two 5-year renewal options.
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “that's over a 12-year term, while CoreWeave has two 5-year renewal options on top of those 12 years”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CEO said the agreements run over a 12-year term, with CoreWeave holding two 5-year renewal options on top.
Confirmed in the source:
- The CoreWeave agreements have a 12-year term
- CoreWeave holds two 5-year renewal options
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “that's over a 12-year term, while CoreWeave has two 5-year renewal options on top of those 12 years”