Five-year, $335 million storage capacity agreement with Backblaze
Company: CoreWeave
The claim, verbatim
CoreWeave has committed to a five-year, $335 million agreement with Backblaze to acquire multi-exabyte storage capacity for its managed storage infrastructure
Source (primary)
BLZE Stock On Track For Its Best Day Since March 2024 – ‘Game-Changing’ CoreWeave Deal Sparks Analyst Upgrades - Stocktwits (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “A five-year, $335 million deal with CoreWeave has put Backblaze in the spotlight, where the company aims to provide cost-efficient storage capacity that supports portions of CoreWeave's managed storage infrastructure.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states a five-year, $335 million deal with CoreWeave for multi-exabyte storage capacity that supports portions of CoreWeave's managed storage infrastructure, covering every assertion in the claim.
Confirmed in the source:
- The agreement is a five-year deal
- The deal is valued at $335 million
- The deal is between CoreWeave and Backblaze
- The deal is for multi-exabyte storage capacity
- The storage supports portions of CoreWeave's managed storage infrastructure
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/why-backblaze-blze-stock-is-rising-coreweave-deal-analyst-upgrades/cZKyeKfR7f5) in full (5,327 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms BLZE Stock On Track For Its Best Day Since March 2024 – ‘Game-Changing’ CoreWeave Deal Sparks Analyst Upgrades - Stocktwits
Quote: “A five-year, $335 million deal with CoreWeave has put Backblaze in the spotlight, where the company aims to provide cost-efficient storage capacity that supports portions of CoreWeave's managed storage infrastructure.”