Core Scientific (CORZ) is moving higher today after announcing a multi-tier strategy to expand its Muskogee, Oklahoma campus to approximately 1.5 gigawatts (GW) of gross power, or about 1.0 GW of leasable power. The plan includes an agreement to acquire Polaris DS LLC, which brings contracted access to 440 megawatts (MW) of gross power under an energy agreement with Oklahoma Gas & Electric, adding immediately utilized capacity and infrastructure that could accelerate delivery timelines. (investors.corescientific.com)

Core Scientific said the Polaris DS transaction is subject to customary regulatory approvals and closing conditions and is expected to be funded using existing liquidity, with an expected close in Q3 2026. Alongside the acquisition, Core Scientific said construction has begun on a second, unleased 82.5 MW building at Muskogee, with initial delivery expected in Q4 2027, and it has also secured roughly 250 acres of land to support the planned expansion. (investors.corescientific.com)

The announcement highlights a push to lock up power and site capacity—key bottlenecks for high-density computing data centers—while positioning Muskogee as another gigawatt-scale campus. Core Scientific also noted its current leased 70 MW building designed to support the Nvidia GB300 platform is progressing through final testing and commissioning and remains on track for a Q2 2026 delivery to its customer, reinforcing near-term execution milestones. (investors.corescientific.com)