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Capex funding for 70 MW CoreWeave expansion

Company: Core Scientific

Subject kind
financing
Statement date
2026-11-05
Promised amount
104000000.0 USD
Current status
stated

The claim, verbatim

Core Scientific is responsible for funding $104M of capex for the powered core and shell of the additional 70 MW CoreWeave expansion, with no capex credit under the new agreement.

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: “For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell with no capex credit associated with this new agreement.”

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: “For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell with no capex credit associated with this new agreement.”

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