jain.com

$1.225B projected cumulative revenue from new contract

Company: Core Scientific

Subject kind
guidance
Statement date
2024-06-24
Promised amount
1225000000.0 USD
Current status
stated

The claim, verbatim

The new 12-year CoreWeave contract is projected to add approximately $1.225 billion in cumulative revenue over the contract term, before prepaid build-out costs.

Source (primary)

core-scientific 8-K exhibit (ex991-finalcorzhpcoptionre.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “adding an additional $1.225 billion in projected cumulative revenue over the 12-year contract timeline”

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 (ex991-finalcorzhpcoptionre.htm)

Quote: “adding an additional $1.225 billion in projected cumulative revenue over the 12-year contract timeline”

View cached copy (2026-11-02)Live source ↗