Core Scientific expands CoreWeave deal by 70MW at Denton, TX; adds $1.2B in revenue

Core Scientific, Inc./tx

New 70MW expansion at Denton site brings total contracted HPC capacity with CoreWeave to ~590MW across six sites.
Total contracted revenue with CoreWeave reaches $10.2B over 12-year terms, including $1.2B from this expansion.
Core Scientific to fund $104M capex ($1.5M per MW) for powered core and shell; CoreWeave funds additional capex.
Retains option for two additional five-year renewal terms; total contracted power now 1.3GW (900MW HPC, 400MW bitcoin mining).
CEO cites building one of largest GPU supercomputers in North America for AI workloads.

item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001628280-25-008312
form_type: 8-K
ticker: CORZ
cik: 0001839341
company_name: Core Scientific, Inc./tx
filed_at: 2025-02-27T23:59:59+00:00
discovered_at: 2026-05-14T18:03:05.205503+00:00
generated_at: 2026-05-26T02:28:06.584580+00:00
sec_items: ["7.01", "9.01"]
event_type: other_material
sentiment: positive
materiality_score: 0.85
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001628280-25-008312
json_url: https://secwatch.observer/filing/0001628280-25-008312.json
markdown_url: https://secwatch.observer/filing/0001628280-25-008312.md
text_url: https://secwatch.observer/filing/0001628280-25-008312.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828025008312/0001628280-25-008312-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828025008312/core-20250226.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001628280-25-008312

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.