CleanSpark Lands $6.6B Data Center Lease in Georgia
CleanSpark signed a 20-year NNN lease worth $6.6B, with extension options pushing total value to $11.6B, for its Sandersville, Georgia data center.
CleanSpark just locked in one of the most consequential deals in its history. The Bitcoin miner-turned-infrastructure play secured a twenty-year triple-net lease with a high-investment-grade global technology company for its data center in Sandersville, Georgia — and the numbers are impossible to ignore. Base contracted revenue hits $6.6 billion, with full extension options potentially pushing that figure to $11.6 billion.
The lease covers 175 megawatts of critical IT load, with deliveries expected to kick off in Q4 2027. Triple-net means the tenant eats operating costs, taxes, and insurance — CleanSpark essentially collects rent checks with minimal overhead drag. That's a structurally clean cash flow profile that most pure-play miners can only dream about.
Read more Wells Fargo Q2 Earnings: Why the Selloff Was a Mistake →
Here's where it gets bigger: the unnamed tenant has also signed a letter of intent and an exclusivity arrangement covering CleanSpark's entire Texas portfolio — all 885 megawatts of it. That's not a nibble, that's a full bite. If that Texas deal closes anywhere near the Georgia terms, the revenue backlog CleanSpark is building starts to look transformational rather than incremental.
For retail traders watching CLSK, this reframes the story entirely. CleanSpark isn't just a hashrate play anymore — it's positioning itself as a real infrastructure landlord with decade-long contracted income. The Bitcoin price still matters, but a $6.6 billion revenue guarantee changes the risk calculus meaningfully. Watch for further announcements on the Texas LOI; that's the next catalyst to put on your radar.
Continue reading at Cryptocurrency News.
