Wed, Feb 26, 2025
CoreWeave exercises options expanding hosting contracts to $10.2 billion cumulative
Key points
- Series of option exercises (Jun/Aug/Oct 2024, Feb 2025) growing capacity from 200MW to ~590MW across 6 sites
Deal
CoreWeaveFeb 2025
SiteDenton, Dalton, Muskogee, Marble, Austin + one more site
Contracted capacity390 MW
Contract value$6.7B
Duration12 years + two 5-year extension options