Blockfusion Signs CoreWeave as Customer in Niagara Falls, New York

Blockfusion signed a 15-year anchor lease with CoreWeave at its Niagara Falls, New York campus, with two five-year extension options. The guaranteed 85 MW of capacity will generate about $2.8 billion over the initial term and up to $5.4 billion with extensions.

• Lease term is 15 years plus two 5-year extension options
• Guaranteed 85 MW to generate about $2.8 billion in revenue
• With extensions, total could reach $5.4 billion
• Deal announced by SPAC Blue Acquisition Corp