Core Scientific 70 MW expansion capex commitment
Company: Core Scientific
The claim, verbatim
Core Scientific to fund $104 Million of capex for additional 70 MW CoreWeave expansion with no capex credit against future payments
Source (primary)
Fourth 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 with no capex credit associated with this new agreement.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The contract footnote states both points. It says the capex covers the powered core and shell at $1.5 million per MW.
Confirmed in the source:
- Core Scientific is responsible for funding $104 million of capex for an additional 70 MW CoreWeave expansion
- No capex credit is associated with this expansion agreement
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11266/pdf/Q4+FY25+earnings+deck+vfinal.2+PDF.pdf) in full (13,731 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth 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 with no capex credit associated with this new agreement.”