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Cottonwood COT1 lease term expiration

Company: Core Scientific - Project: Cottonwood

Subject kind
facility timeline
Statement date
2026-09-01
Promised by
2031-11-30
Current status
stated

The claim, verbatim

Cottonwood COT1 initial lease term expires November 2031 with optional three 10-year extensions through November 2061

Source (primary)

Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗

Quote: “Initial term expires Nov 2031; optional three, 10-year extensions (through Nov 2061)”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Second Quarter Fiscal Year 2024 Earnings Presentation

Quote: “Initial term expires Nov 2031; optional three, 10-year extensions (through Nov 2061)”

View cached copy (2026-09-01)Live source ↗