CoreWeave contract term and extension options
Company: Core Scientific
The claim, verbatim
12-year contracts with CoreWeave include two 5-year extension options
Source (primary)
Investor Conference Call Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “12-year contracts with two 5-year options”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CoreWeave contract summary lists '12-year contracts with two 5-year options'. A footnote notes the Austin, Texas contract is instead a 7-year term with elective extensions.
Confirmed in the source:
- The CoreWeave contracts are 12-year contracts
- The contracts include two 5-year extension options
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: “12-year contracts with two 5-year options”