CleanSpark Signs $6.6B Data Center Lease, Pivots from Bitcoin Mining
CleanSpark (CLSK) shares surged over 10% after announcing a 20-year, $6.6 billion triple-net lease with an undisclosed high-investment-grade global tech company for its Sandersville, Georgia data center campus. The deal covers 175 MW of IT load, with deliveries starting Q4 2027, and includes two five-year extensions potentially raising the value to $11.6 billion. The tenant also signed an exclusivity letter for CleanSpark’s Texas portfolio (up to 885 MW). The agreement marks CleanSpark’s strategic shift from Bitcoin mining to diversified digital infrastructure, though financing and construction milestones remain.
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CleanSpark Signs $6.6B AI Lease to Become a Digital Landlord
CleanSpark (NASDAQ: CLSK) has signed a landmark $6.6 billion, 20-year triple-net lease in Sandersville, Georgia, providing 175 megawatts of power to an undisclosed high-investment-grade technology tenant for AI data center use. The deal, expected to generate $330 million in annual net operating income starting in late 2027, marks a strategic pivot from Bitcoin mining to digital infrastructure. An exclusivity agreement covering CleanSpark's 885-megawatt Texas portfolio could further expand the partnership. The company plans to use its 13,941 Bitcoin treasury as collateral to fund construction costs, avoiding shareholder dilution. The announcement drove CleanSpark shares up nearly 9%, while competitors like Marathon Digital saw muted trading, signaling a market shift toward valuing power capacity as prime AI real estate.
CleanSpark Scores Billion-Dollar AI Infrastructure Deals in Georgia and Texas; Shares Climb
CleanSpark Inc. (NASDAQ: CLSK) shares surged 8.82% to $13.45 after announcing a transformative $11.6 billion infrastructure leasing agreement with an unnamed high-investment-grade tenant. The 20-year deal, with options for two five-year extensions, covers the company's Sandersville campus in Georgia for AI data center hosting, shifting focus from Bitcoin mining to diversified digital infrastructure. Additionally, CleanSpark secured an exclusivity arrangement for its 718-acre Texas site, capable of powering 885 MW. The pivot comes as June Bitcoin production fell 10% year-on-year to 614 tokens, highlighting the need for diversification. Hedge fund interest grew, with 37 funds holding positions in the company, up from 32 in the prior quarter.
CleanSpark Stock Rises on Multibillion-Dollar Data Center Lease Deal
CleanSpark (NASDAQ: CLSK) shares jumped over 5% on Tuesday after the company announced a 20-year triple-net lease for its data center campus in Sandersville, Georgia. The deal is projected to generate $6.6 billion in contracted revenue, with potential to reach $11.6 billion if two five-year extension options are exercised. The tenant, an undisclosed high-investment grade global technology company, also signed a letter of intent and exclusivity arrangement for CleanSpark's planned 885 megawatts of power capacity in Texas. The agreements validate CleanSpark's strategic pivot from Bitcoin mining to high-performance computing and AI data center infrastructure, which offers more predictable and profitable contracted revenue streams not tied to volatile cryptocurrency prices. Investors responded positively to the news, bidding up shares as the company completes its evolution into a diversified digital infrastructure platform.
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CleanSpark Stock Rises on $6.6 Billion Data Center Lease Deal with Tech Giant
CleanSpark (CLSK) shares rose 5.06% on July 14, 2026, after announcing a landmark 20-year triple-net data center lease agreement with an unnamed high-investment-grade global tech company. The deal, at CleanSpark's Sandersville, Georgia campus, will deliver 175 MW of critical IT load starting in late 2027. The initial contract is valued at $6.6 billion in revenue, with potential to reach $11.6 billion if two five-year extensions are exercised. The projected net operating income contribution margin is nearly 100%, averaging $330 million annually. The tenant also secured exclusivity over CleanSpark's 885 MW Texas portfolio. HC Wainwright analysts reiterated a 'Buy' rating and $22 price target, calling it a 'transformational moment' that shifts CleanSpark from a pure-play Bitcoin miner to an AI infrastructure company. The consensus rating is 'Strong Buy' with a mean price target of about $21.
CleanSpark Lands $6.6B AI Data Center Lease, Accelerating Shift Beyond Bitcoin Mining
CleanSpark (NASDAQ: CLSK) announced a 20-year triple-net lease agreement with an unnamed high investment-grade global technology company to convert its Sandersville, Georgia facility into an AI/high-performance computing data center. The deal covers the entire 250-megawatt site and has a base contract value of approximately $6.6 billion. CleanSpark expects the lease to generate roughly $330 million in average annual net operating income with margins 'close to 100%' due to the triple-net structure. Two five-year extension options could bring the total contract value to about $11.6 billion. The company plans to finance most of the build-out with project debt and is in an exclusivity window with the same counterparty for its Texas assets. The initial data hall is expected to be ready in Q4 2027, with remaining halls ramping into early 2028. CleanSpark will continue Bitcoin mining at the site until power is transferred to the new data center.
CleanSpark Lands $6.6B AI Data Center Lease, Accelerating Shift Beyond Bitcoin Mining
CleanSpark (NASDAQ: CLSK) announced a 20-year triple-net lease agreement with an unnamed high investment-grade global technology company to convert its 250-megawatt Sandersville, Georgia facility into an AI/high-performance computing data center. The base lease has a total contract value of approximately $6.6 billion, with two five-year extension options potentially raising the total to $11.6 billion. The company expects average annual net operating income of about $330 million with margins 'close to 100%' due to the triple-net structure. CleanSpark plans to finance most of the build-out with project debt and is in an exclusivity window with the same counterparty for its Texas assets. The initial data hall is expected to be ready by Q4 2027, with full completion in early 2028. The move marks a strategic shift from Bitcoin mining toward large-scale AI infrastructure.
CleanSpark shares surge after company secures $6.6B data center lease agreement
CleanSpark Inc (NASDAQ: CLSK) shares surged over 12% after announcing a 20-year triple-net lease agreement for its Sandersville, Georgia data center campus with an undisclosed high-investment-grade global technology company. The deal is expected to generate approximately $6.6 billion in contracted revenue over the initial term, with potential to reach $11.6 billion if two five-year extension options are exercised. Deliveries begin in Q4 2027, covering 175 megawatts of critical IT load. The company also disclosed a letter of intent and exclusivity arrangement covering its entire Texas portfolio, including the Sealy and Brazoria campuses, which together offer up to 885 megawatts of secured and planned power capacity. CEO Matt Schultz called the agreement a transformational milestone in CleanSpark's evolution into a diversified digital infrastructure platform.
CleanSpark shares surge after company secures $6.6B data center lease agreement
CleanSpark Inc (NASDAQ: CLSK) shares surged over 12% after announcing a 20-year triple-net lease agreement for its Sandersville, Georgia data center campus with a high-investment-grade global technology company. The deal is expected to generate approximately $6.6 billion in contracted revenue over the initial term, with potential to reach $11.6 billion if two five-year extension options are exercised. The undisclosed tenant will deploy production-grade infrastructure for computing workloads, with deliveries beginning in Q4 2027 covering 175 megawatts of critical IT load. CleanSpark also disclosed a letter of intent and exclusivity arrangement covering its entire Texas portfolio, including the Sealy and Brazoria campuses, which together offer up to 885 megawatts of secured and planned power capacity. CEO Matt Schultz called the agreement a transformational milestone as the company evolves into a diversified digital infrastructure platform.
CleanSpark Jumps 12% on $6.6B Data Center Lease While Riot, MARA, Hut 8 Edge Higher
CleanSpark (CLSK) shares surged 12% to $13.85 after announcing a 20-year, $6.6 billion triple-net data center lease with a confidential high-investment-grade global technology company at its Sandersville, Georgia campus. The deal covers 175 MW of critical IT load and is expected to generate approximately $330 million in average annual net operating income, with revenue starting in late 2027. Two five-year extension options could lift total contracted revenue to about $11.6 billion. The same tenant also signed a letter of intent for CleanSpark's entire 718-acre Texas portfolio (up to 885 MW). The move is company-specific, as peer miners Riot, MARA, and Hut 8 saw minimal movement. CleanSpark, primarily a Bitcoin miner with 1.8 GW under contract and 50 EH/s hashrate, is pivoting toward data center infrastructure. Key risks include 33% short interest, heavy financing needs for the Sandersville construction, and the Texas deal remaining a letter of intent.
CleanSpark Jumps 12% on $6.6B Data Center Lease While Riot, MARA, Hut 8 Edge Higher
CleanSpark (CLSK) shares surged 12% to $13.85 after announcing a 20-year, $6.6 billion triple-net data center lease at its Sandersville, Georgia campus, covering 175 MW of critical IT load. The deal, with a confidential high-investment-grade global tech company, is expected to generate roughly $330 million in average annual net operating income, with revenue starting in late 2027. Two five-year extension options could lift total contracted revenue to $11.6 billion. The same tenant also signed a letter of intent for CleanSpark's entire 718-acre Texas portfolio (up to 885 MW). The move was company-specific, as peer miners Riot, MARA, Hut 8, and HIVE barely moved. CleanSpark, primarily a Bitcoin miner with 1.8 GW under contract and 50 EH/s hashrate, is pivoting toward data center infrastructure. Key caveats: deliveries begin in Q4 2027, workloads are not officially labeled AI/HPC, and the Texas deal remains a letter of intent. The article also notes 33% short interest and heavy financing needs for the Sandersville project.
CleanSpark Signs $6.6 Billion Data Centre Lease with Global Tech Company
CleanSpark (NASDAQ: CLSK), a Bitcoin miner turned AI data centre operator, has signed a 20-year data centre lease worth $6.6 billion with an unnamed global technology company. The lease involves CleanSpark's data centre campus in Georgia and includes two five-year extension options that could increase the total value to $11.6 billion. The tenant will deploy 175 megawatts of power, with deliveries expected to begin in the fourth quarter of 2027. CleanSpark described the tenant as a high-investment-grade global technology company. The agreement marks the clearest monetization yet of CleanSpark's pivot to AI, which began in October 2025. Following the announcement, CLSK stock rose 10%, bringing its year-to-date gain to 18%, with shares trading at $13.65.
CleanSpark Stock Surges 10% on $6.6 Billion Data Center Lease and Texas Exclusivity Deal
CleanSpark (NASDAQ: CLSK) shares jumped 10% to $13.65 after announcing a 20-year, $6.6 billion triple-net infrastructure lease at its Sandersville, Georgia campus. The deal covers 175 MW of critical IT load, with deliveries starting in Q4 2027, and is expected to generate approximately $330 million in average annual net operating income. The tenant, described as a high-investment-grade global technology company, also signed a letter of intent and exclusivity agreement covering CleanSpark's entire Texas portfolio, which includes 718 acres and up to 885 MW of power capacity. CleanSpark CEO Matt Schultz called the lease a transformational moment, marking the company's shift from bitcoin mining to a diversified digital infrastructure platform. The Texas agreement remains non-binding, but positions the portfolio for potential future expansion. CleanSpark continues to operate a substantial bitcoin-mining business alongside these new data center leases.
CleanSpark Jumps 10% on $6.6 Billion Sandersville Lease and Texas Exclusivity Pact
CleanSpark (NASDAQ: CLSK) shares surged 10% to $13.65 after announcing a 20-year, $6.6 billion triple-net infrastructure lease at its Sandersville, Georgia campus, covering 175 MW of critical IT load. Deliveries are expected to start in Q4 2027. The lease, with an undisclosed high-investment-grade global technology company, is projected to generate approximately $330 million in average annual net operating income. The tenant also signed a letter of intent and exclusivity agreement for CleanSpark's entire Texas portfolio, which includes 718 acres and up to 885 MW of power capacity. CleanSpark CEO Matt Schultz called the deal a transformational moment, marking the company's shift from bitcoin mining to a diversified digital infrastructure platform. The company still faces financing, construction, and procurement milestones before delivery.
CleanSpark Secures $6.6 Billion Data Centre Lease; Shares Surge in Premarket Trading
CleanSpark Inc. (NASDAQ:CLSK) announced a long-term infrastructure lease valued at approximately $6.6 billion, sending its shares about 15% higher in premarket trading. The 20-year triple-net lease at its Sandersville, Georgia campus includes two optional five-year extensions that could raise the total value to $11.6 billion. The tenant, an unnamed global technology company, will install production-grade infrastructure for high-performance computing workloads. CleanSpark also revealed a letter of intent and exclusivity arrangement covering its entire Texas portfolio, which includes 718 acres with up to 885 megawatts of secured and planned power capacity. The company expects the project to generate approximately $330 million in average annual net operating income, with landlord capital costs estimated between $10 million and $12 million per megawatt of critical IT capacity. Morgan Stanley & Co. LLC acted as financial adviser, and Davis Polk & Wardwell LLP served as legal counsel.