---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-043341"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:09:49.695137+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CoreWeave exercises final option for 120 MW HPC; total HPC now ~500 MW, $8.7B cumulative revenue

## Summary
- CoreWeave exercised final option for ~120 MW incremental critical IT load HPC hosting at one Core Scientific site.
- New contract adds ~$2.0B projected cumulative revenue; total over 12-year terms now $8.7B.
- Site modifications begin H2 2025, operational expected H2 2026.
- CoreWeave funds capital; ~$180M capex credits at ≤50% of monthly fees until repaid.
- Total contracted HPC with CoreWeave expands to ~500 MW across six Core Scientific sites.

## SEC filing metadata
- accession: 0001628280-24-043341
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000162828024043341/0001628280-24-043341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000162828024043341/core-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-043341
- JSON: https://secwatch.observer/filing/0001628280-24-043341.json
- Plain text: https://secwatch.observer/filing/0001628280-24-043341.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.