jain.com

Billed capacity supports >$700M annualized colocation revenue

Company: Core Scientific

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

The claim, verbatim

The company said its 485 MW of billed capacity supports more than $700 million in average annualized GAAP colocation revenue.

Source (primary)

Core Scientific Plans Full Exit From Bitcoin Mining As AI Colocation Becomes Dominant - Crowdfund Insider (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗

Quote: “a figure the company said supports more than $700 million in average annualized GAAP colocation 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 Plans Full Exit From Bitcoin Mining As AI Colocation Becomes Dominant - Crowdfund Insider

Quote: “a figure the company said supports more than $700 million in average annualized GAAP colocation revenue”

View cached copy (2026-11-07)Live source ↗Archive.org ↗