CleanSpark Shares Skyrocket 22% Following Massive $6.6B AI Data Center Deal
CleanSpark shares surged as much as 22% following the announcement of a massive 20-year data center lease in Georgia. This strategic move pivots the Bitcoin miner toward high-performance computing, securing an estimated $6.6 billion in contracted revenue through its 175-megawatt facility.
By partnering with an undisclosed investment-grade technology company, CleanSpark is aggressively expanding its footprint into the Artificial Intelligence sector. This diversification beyond traditional cryptocurrency mining highlights the growing convergence between blockchain infrastructure and the global demand for AI-driven digital assets.
CleanSpark stated it signed a 20-year triple-net lease with an undisclosed investment-grade global technology company for a 175-megawatt data center at its Sandersville, Georgia, campus. The company estimates the deal will generate approximately $6.6 billion in contracted revenue over the initial term, potentially increasing to $11.6 billion if the tenant exercises two five-year extension options. Under the agreement, the tenant will install computing infrastructure at the site, with phased deliveries expected to begin in the fourth quarter of 2027.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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