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Core Scientific funds $104M capex for 70 MW expansion

Company: Core Scientific

Subject kind
financing
Statement date
2025-02-25
Promised amount
104000000.0 USD
Current status
stated

The claim, verbatim

For the additional 70 MW expansion, Core Scientific will fund $104 million of capex for the powered core and shell, with no capex credit.

Source (primary)

core-scientific 8-K exhibit (corzearningspresentation.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-19)Live source ↗

Quote: “For the additional 70MW 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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms core-scientific 8-K exhibit (corzearningspresentation.htm)

Quote: “For the additional 70MW 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”

View cached copy (2026-10-19)Live source ↗