Core Scientific (CORZ) Announces Strategy to Expand Muskogee Campus to 1.5 GW of Gross Power

Core Scientific Inc. (NASDAQ:CORZ) is one of the best low priced growth stocks to invest in now. On May 6, Core Scientific announced a multi-tiered strategy to expand its Muskogee, Oklahoma campus to approximately 1.5 GW of gross power, which translates to roughly 1.0 GW of leasable capacity. To support this growth, the company has secured 250 acres of land and initiated grid-connected load studies expected to wrap up later this year.

As a primary step in this strategy, Core Scientific Inc. (NASDAQ:CORZ) agreed to acquire Polaris DS LLC, a company that holds an active energy contract for 440 MW of gross power with Oklahoma Gas & Electric. Funded through existing liquidity, the transaction is expected to close in Q3 2026. This acquisition accelerates the expansion timeline, allowing construction to begin on a second, unleased 82.5 MW building slated for delivery in Q4 2027.

Core Scientific (CORZ) Announces Strategy to Expand Muskogee Campus to 1.5 GW of Gross Power

Meanwhile, the campus’s current 70 MW facility is undergoing final testing and commissioning. Designed to support the Nvidia GB300 high-density compute platform, this leased building remains on track for delivery to its customer during Q2 2026.

Core Scientific Inc. (NASDAQ:CORZ) operates digital Bitcoin mining and HPC infrastructure. The company uses its own fleet of computers, called miners, to earn Bitcoin for its own account and also provides hosting services for Bitcoin mining and HPC customers at US-based operational data centers.

While we acknowledge the risk and potential of CORZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CORZ and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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