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CoreWeave contract protections

Company: Core Scientific

Subject kind
customer
Statement date
2026-11-05
Current status
stated

The claim, verbatim

The CoreWeave agreement is a take-or-pay contract at a fixed cost with an annual escalator, cannot be unilaterally terminated, has the client paying for capex, power and utilities, and gives Core Scientific liens on data center infrastructure assets excluding GPUs.

Source (primary)

Third Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “No ability to unilaterally terminate, with aligned joint execution risk Take-or-pay contract at a fixed cost, with annual escalator Client pays for capex 4, power, and utilities Hold liens on data center infrastructure assets (excluding GPUs)”

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 Third Quarter Fiscal Year 2026 Earnings Presentation

Quote: “No ability to unilaterally terminate, with aligned joint execution risk Take-or-pay contract at a fixed cost, with annual escalator Client pays for capex 4, power, and utilities Hold liens on data center infrastructure assets (excluding GPUs)”

View cached copy (2026-11-06)Live source ↗Archive.org ↗