CleanSpark Signs $6.6 Billion Data Center Lease Amid Bitcoin Mining Pivot

CleanSpark, a Nasdaq-listed bitcoin miner, has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia.

The deal covers data center infrastructure that will support 175 megawatts of critical IT load and is expected to generate $6.6 billion in contracted revenue for the initial term, rising to $11.6 billion if the tenant exercises both extension options.

CleanSpark's average annual net operating income from the agreement should reach $330 million, with first deliveries due in the fourth quarter of 2027.