CoreWeave stated the deal between CoreWeave and Core Scientific would immediately eliminate over $10 billion in lease overhead for data center contracts over 12 years, starting from July, 2025.

Claim

Quotes that support claims

The deal will help in the immediate elimination of more than $10 billion of cumulative future lease overhead to be paid for existing contractual sites over the next 12 years, CoreWeave said.
CoreWeave said the move will eliminate more than $10 billion in future lease expenses over the next 12 years.

Referenced by

Financial structure and shareholder implications

Crypto news

Data block