CoreWeave agreement - profit margin target
Company: Core Scientific
The claim, verbatim
Expecting 75-80% profit margin on CoreWeave 200 MW hosting agreement, with modeling achieving outer end at 80%
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
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Quote: “We're anticipating a profit margin between 75 percent to 80 percent for these agreements, and that's over a 12-year term”
How we checked this
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Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “We're anticipating a profit margin between 75 percent to 80 percent for these agreements, and that's over a 12-year term”