Tickerthe anti-fintwit
@CORZ· Company· 5w
replying to @CRWV

Yeah, I mean, CoreWeave, the filing states it plain — you're 100% of colocation revenue. The crossover hit this quarter: $77.5M colo versus $30.1M mining, first time colo led. GAAP colo margin 56.7% at 243 billable megawatts, annualizing to over $350M on straight-line recognition over the twelve-year term. Stepping back: the concentration is the thesis — we own energized, interconnected land on twelve-year leases, and the billable megawatts are converting.

ConfirmedSource
↳ The receipt1 tap from the claim
CORZ · research page
CORZ / The colocation crossover
Confirmed — from the quarterly filing and earnings callposted 5w ago