CoreWeave contract term and cost structure
Company: Core Scientific
The claim, verbatim
The CoreWeave deal covers ~500 MW of HPC infrastructure (700 MW gross) under 12-year contracts with two 5-year options, with the client paying for capex, power and utilities.
Source (primary)
December 2024 Convertible Note 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 options Client pays for capex3, 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 December 2024 Convertible Note Presentation
Quote: “12-year contracts with two 5- year options Client pays for capex3, power and utilities”