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CleanSpark shares jump 12% on $6.6B data center lease deal with global tech firm

Market News
14 Jul 2026
Proactive Investors
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Bullish
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CleanSpark Inc announced a 20-year lease agreement for its Sandersville, Georgia data center campus with a major global technology company, expected to generate $6.6 billion in revenue, potentially rising to $11.6 billion with extensions. The lease will start deployments in late 2027, covering 175 megawatts of IT load, and includes annual rent escalations with nearly 100% net operating income margin. Additionally, the tenant has an exclusivity deal for CleanSpark's Texas portfolio, expanding the company's digital infrastructure business significantly. This deal marks a major step in CleanSpark's shift to monetizing power assets through long-term infrastructure contracts.

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