CoreWeave 590 MW data center contract
Company: Core Scientific
The claim, verbatim
Core Scientific is contracted to provide approximately 590 MW of leased power infrastructure to CoreWeave with $10B+ in revenue potential over a 12-year contract term with two 5-year extension options, expecting 80%-85% profit margins and approximately $850M in average annualized colocation GAAP revenue.
Source (primary)
core-scientific 8-K exhibit (q2fy26earningsdeck728am.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-02)Live source ↗
Quote: “~590MW infrastructure ~$10B+ in revenue potential over the contracts' term 12-year contract with two 5-year options ~$850M average annualized colocation GAAP revenue 80% to 85% anticipated profit margin”
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 8-K exhibit (q2fy26earningsdeck728am.htm)
Quote: “~590MW infrastructure ~$10B+ in revenue potential over the contracts' term 12-year contract with two 5-year options ~$850M average annualized colocation GAAP revenue 80% to 85% anticipated profit margin”