Core Scientific capex for 70 MW CoreWeave expansion
Company: Core Scientific
The claim, verbatim
Core Scientific responsible for funding $104 million of capex for 70 MW powered core and shell expansion with no capex credit from CoreWeave
Source (primary)
Investor Conference Call 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 presentation states that Core Scientific funds $104 million of powered core and shell capex for the 70 MW expansion. It also states that no capex credit is associated with this agreement.
Confirmed in the source:
- For an additional 70 MW CoreWeave expansion, Core Scientific is responsible for funding $104 million of capex
- The $104 million covers the powered core and shell
- There is no capex credit 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/1066/11263/pdf/Core+Scientific+Investor+Update+Presentation+FINAL.pdf) in full (11,378 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Conference Call 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.”