CoreWeave agreement - contract term and renewal
Company: Core Scientific
The claim, verbatim
CoreWeave hosting agreement structured as 12-year term with two 5-year renewal options
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “over a 12-year term, while CoreWeave has two 5-year renewal options on top of those 12 years”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CEO states the agreements run 12 years and give CoreWeave two 5-year renewal options.
Confirmed in the source:
- The CoreWeave hosting agreement has a 12-year term
- CoreWeave has two 5-year renewal options on top of the 12-year term
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “over a 12-year term, while CoreWeave has two 5-year renewal options on top of those 12 years”