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CoreWeave contract term and cost structure

Company: Core Scientific

Subject kind
customer
Statement date
2025-02-26
Promised amount
12.0 years
Current status
stated

The claim, verbatim

The CoreWeave contracts run 12 years with two 5-year options, and the client pays for capex, power and utilities; the Austin contract term is 7 years with elective extensions.

Source (primary)

Fourth Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “12-year contracts with two 5-year options3 Client pays for capex4, power and utilities”

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 Fourth Quarter Fiscal Year 2024 Earnings Presentation

Quote: “12-year contracts with two 5-year options3 Client pays for capex4, power and utilities”

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