$104 million capex for 70 MW CoreWeave expansion
Company: Core Scientific
The claim, verbatim
Core Scientific responsible for funding $104 million of capex ($1.5M per MW) for powered core and shell for 70 MW expansion
Source (primary)
First Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The presentation states that Core Scientific funds $104 million of capex ($1.5M per MW) for the powered core and shell of the 70 MW expansion.
Confirmed in the source:
- For the additional 70 MW CoreWeave expansion, Core Scientific is responsible for funding $104 million of capex
- The capex is $1.5 million per MW
- The capex is for the powered core and shell
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11247/pdf/First+Quarter+Fiscal+Year+2025+Earnings+Presentation.pdf) in full (28,649 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms First Quarter Fiscal Year 2025 Earnings Presentation
Quote: “For the additional 70 MW expansion, Core Scientific is responsible for funding $104 Million of capex ($1.5M per MW) for the powered core and shell”