CoreWeave 70 MW HPC hosting contract
Company: Core Scientific
What the later record shows
Not a promise: a reported event · happened June 25, 2024
The claim reports a 70 MW contract that already existed. The merger proxy dates it to CoreWeave's option exercise on June 25, 2024.
“On June 25, 2024, CoreWeave exercised an option to secure an additional 70 MW of infrastructure”
2025-09-25 · Core Scientific DEFM14A filed 2025-09-26 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CoreWeave 70 MW HPC hosting contract with potential revenue of $1.2 billion over 12 years beginning in 2025
Source (primary)
December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
Core Scientific's December 2024 presentation lists the CoreWeave 70 MW HPC hosting contract with $1.2 billion in total potential revenue over 12 years beginning in 2025 as one of its 2024 accomplishments.
Confirmed in the source:
- Core Scientific has a 70 MW HPC hosting contract with CoreWeave
- The contract carries total potential revenue of $1.2 billion
- The contract runs over 12 years beginning in 2025
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11131/pdf/Core_Scientific_December_2024_Company_Presentation.pdf) in full (23,998 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms December 2024 Convertible Note Presentation
Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”
confirms December 2024 Convertible Note Presentation
Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”