Core Scientific jumps 7% in morning markets as data center firm announces 440 MW expansion at Oklahoma site
Key takeaways
- The expansion would make it the bitcoin miner’s second site at that scale as the company expands AI/HPC infrastructure.
- Shares of CORZ rose 7% in pre-trading hours, up to $23.79 per Yahoo Finance.
- Core Scientific first announced the Muskogee campus in November 2024, when Core Scientific, CoreWeave, and Port Muskogee broke ground on a 100 MW data center designed to host NVIDIA GPUs for an undisclosed client.
Core Scientific jumps 7% in morning markets as data center firm announces 440 MW expansion at Oklahoma site Blockspace Staff Wed, May 6, 2026 at 7:38 PM GMT+7 2 min read CORZ CRWV BTC-USD NVDA Core Scientific (NASDAQ: CORZ) said Wednesday it plans to expand its Muskogee, Oklahoma campus to 1.5 gigawatts of gross power, or about 1.0 GW of leasable capacity. The expansion would make it the bitcoin miner’s second site at that scale as the company expands AI/HPC infrastructure.
Shares of CORZ rose 7% in pre-trading hours, up to $23.79 per Yahoo Finance.
Core Scientific first announced the Muskogee campus in November 2024, when Core Scientific, CoreWeave, and Port Muskogee broke ground on a 100 MW data center designed to host NVIDIA GPUs for an undisclosed client. That initial phase included roughly 70 MW of critical IT load, with the remaining 30 MW supporting ancillary systems. The facility was part of a broader 500 MW of critical IT load that CoreWeave contracted from Core Scientific, with a potential value of $8.7 billion over 12 years plus two five-year options.