[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Core Scientific [@Core_Scientific](/creator/twitter/Core_Scientific) on x 20.5K followers Created: 2024-06-04 01:17:32 UTC Tonight, we announced that Core Scientific will be providing an additional ~200 MW of infrastructure to host @CoreWeave #HPC services. - ~200 MW of infrastructure for HPC compute - Estimated to generate total cumulative revenue for Core Scientific of over $XXX billion during the initial 12-year terms of the contracts - Estimated average annual revenue from the contracts is expected to be approximately $XXX million “As demand for ready, high-power sites continues to outpace supply, we believe Core Scientific is well positioned to meet customer needs with a much shorter time to power than greenfield data center projects. Our expanding relationship with CoreWeave creates a pathway for Core Scientific to diversify our business model and balance our portfolio between bitcoin mining and alternative compute hosting, positioning us to maximize cash flow and minimize risk while maintaining our significant exposure to bitcoin’s upside potential.” - $CORZ CEO @_Adam_Sullivan1  XXXXXXX engagements  **Related Topics** [core scientific](/topic/core-scientific) [stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries) [$crwv](/topic/$crwv) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/Core_Scientific/status/1797799817822777652)
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Core Scientific @Core_Scientific on x 20.5K followers
Created: 2024-06-04 01:17:32 UTC
Tonight, we announced that Core Scientific will be providing an additional ~200 MW of infrastructure to host @CoreWeave #HPC services.
“As demand for ready, high-power sites continues to outpace supply, we believe Core Scientific is well positioned to meet customer needs with a much shorter time to power than greenfield data center projects. Our expanding relationship with CoreWeave creates a pathway for Core Scientific to diversify our business model and balance our portfolio between bitcoin mining and alternative compute hosting, positioning us to maximize cash flow and minimize risk while maintaining our significant exposure to bitcoin’s upside potential.” - $CORZ CEO @_Adam_Sullivan1
XXXXXXX engagements
Related Topics core scientific stocks bitcoin treasuries $crwv stocks technology
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