jain.com

New contract adds ~$2.0B projected cumulative revenue

Company: Core Scientific

Subject kind
guidance
Statement date
2024-08-05
Promised amount
2000000000.0 USD
Current status
stated

The claim, verbatim

The new CoreWeave contract is expected to add approximately $2.0 billion in projected cumulative revenue over its 12-year term.

Source (primary)

core-scientific 8-K exhibit (exhibit991-corescientifich.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “expected to add approximately $2.0 billion in projected additional cumulative revenue over the hosting contract's 12-year term”

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 (exhibit991-corescientifich.htm)

Quote: “expected to add approximately $2.0 billion in projected additional cumulative revenue over the hosting contract's 12-year term”

View cached copy (2026-10-31)Live source ↗