Cottonwood COT2 99-year lease term

Company: Core Scientific - Project: Cottonwood

Subject kind: facility timeline
Statement date: 2024-08-07
Promised by: 2122-12-31
Current status: stated

The claim, verbatim

Cottonwood COT2 leased for 99 years through 2122

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: “Leased for 99 years (through 2122)”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The COT2 lease information on the Cottonwood slide states that the site is leased for 99 years, through 2122.

Confirmed in the source:

Cottonwood COT2 is leased for 99 years, through 2122

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11129/pdf/Core_Scientific_Q2_2024_Earnings_Presentation.pdf) in full (24,266 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Second Quarter Fiscal Year 2024 Earnings Presentation

Quote: “Leased for 99 years (through 2122)”

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

Record of changes

September 2, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

October 9, 2026 — stated

Review. statement_date 2026-09-01 was the source's retrieval date; source published 2024-08-07.