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Annualized colocation revenue from billed capacity

Company: Core Scientific

Subject kind
financing
Statement date
2026-11-05
Promised amount
700000000.0 USD
Current status
stated

The claim, verbatim

The 485 MW of billed capacity represents more than $700 million in average annualized colocation GAAP revenue.

Source (primary)

Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million - Bitcoin Magazine (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “representing more than $700 million in average annualized colocation GAAP revenue”

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 (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million - Bitcoin Magazine

Quote: “representing more than $700 million in average annualized colocation GAAP revenue”

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