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CoreWeave funds capex; ~$180M credited against hosting fees

Company: Core Scientific

Subject kind
financing
Statement date
2024-10-22
Promised amount
180000000.0 USD
Current status
stated

The claim, verbatim

All capital investments to modify the infrastructure will be funded by CoreWeave; an estimated $180 million associated with Core Scientific-owned infrastructure for this option will be credited against hosting payments at no more than 50% of monthly fees until fully repaid.

Source (primary)

core-scientific 8-K exhibit (corescientifichpcoption3re.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “An estimated $180 million of the capital investments associated with Core Scientific-owned infrastructure supporting today's announced option exercise will be credited against hosting payments as capex credits at no more than 50% of monthly fees until fully repaid”

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 (corescientifichpcoption3re.htm)

Quote: “An estimated $180 million of the capital investments associated with Core Scientific-owned infrastructure supporting today's announced option exercise will be credited against hosting payments as capex credits at no more than 50% of monthly fees until fully repaid”

View cached copy (2026-10-25)Live source ↗