According to CoinMeta, CoreWeave CEO Mike Intrator stated in an interview on CNBC on August 12th that CoreWeave is pre-ordering the 2020 model of NVIDIA GPU at “full price” and expects to maintain this order until 2029. He revealed that CoreWeave achieved revenue of $2.575 billion in the second quarter of 2026, a year-on-year increase of 112%, and secured an additional $25 billion in contracts within just five weeks. Despite facing annual capital expenditures of $39 billion and negative free cash flow of $5.74 billion, CoreWeave expects the operating margin to return to the single digits in the fourth quarter. Intrator believes that the strong demand from the market indicates that even older models of NVIDIA GPU can be sold at full-price contracts in the coming years.