secwatch.observer — SEC 8-K summary
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Issuer:     Core Scientific, Inc./tx (CORZ)
CIK:        0001839341
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001628280-24-049126
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Scientific expands Denton data center; power capacity up to 394 MW, $6.1B investment
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- Denton City Council approved amendments to land leases and power agreements, increasing leased land from ~31 to ~78 acres.
- Power access at the site grows from 297 MW to 394 MW to support high-performance computing expansion.
- Projected $6.1 billion real property investment for the Denton data center expansion.
- CEO says Denton expected to host one of the largest GPU supercomputers in North America for AI workloads.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839341/000162828024049126/0001628280-24-049126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839341/000162828024049126/core-20241120.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-049126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer