$8.7B expected revenue from HPC contracts
Company: Core Scientific
The claim, verbatim
Core Scientific expects its approximately 500 MW of contracted HPC critical IT load to generate about $8.7 billion in total revenue over the life of the 12-year contracts.
Source (primary)
core-scientific 8-K exhibit (q32024corescientificinc-ea.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “To date, we have contracted approximately 500 megawatts of revenue generating, critical IT load that we expect to generate a total of $8.7 billion over the life of the contracts”
How we checked this
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Additional evidence
confirms core-scientific 8-K exhibit (q32024corescientificinc-ea.htm)
Quote: “To date, we have contracted approximately 500 megawatts of revenue generating, critical IT load that we expect to generate a total of $8.7 billion over the life of the contracts”