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High-Stakes Gamble: CleanSpark Signs $6.6B AI Lease Before Securing $2.1B Construction Funding

July 15, 202601:55 PM
High-Stakes Gamble: CleanSpark Signs $6.6B AI Lease Before Securing $2.1B Construction Funding

Bitcoin miner CleanSpark has made a massive strategic pivot by signing a $6.6 billion AI lease agreement. This move positions the company to tap into the surging demand for high-performance computing, moving beyond its core Bitcoin mining operations.

The 175 MW contract provides a long-term revenue roadmap, yet a significant funding gap remains as the company seeks $2.1 billion to complete the build. The deal includes strict performance milestones, where failure to meet specific targets could lead to reduced rent or the termination of the lease entirely.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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