CoreWeave deal annual operating expenses
Company: Core Scientific
The claim, verbatim
Annual expenses under the CoreWeave deal are estimated at about $58 million per year. These cover facilities operations, security, repairs and maintenance, additional FTEs, property tax and insurance.
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: “It is estimated today that that is going to be about $58 million per year.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CFO listed these expense categories and estimated them at about $58 million per year.
Confirmed in the source:
- Annual expenses under the CoreWeave deal are estimated at about $58 million per year
- The expenses cover facilities operations, security, repairs and maintenance, additional FTEs, property tax and insurance
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: “It is estimated today that that is going to be about $58 million per year.”