CleanSpark signs $6.6B 20-year data center lease in Georgia

Shares of CleanSpark surged on Tuesday, July 14, 2026, after the company announced a landmark 20-year data center lease that represents a major strategic pivot from its origins in Bitcoin mining. The stock rose sharply in morning trading following the disclosure of the agreement with an undisclosed, high-investment-grade global technology company.

The triple-net lease covers 175 megawatts of critical IT load at CleanSpark's campus in Sandersville, Georgia, and is expected to generate approximately $6.6 billion in contracted revenue over its initial term. The deal includes two five-year extension options that could increase the total value to about $11.6 billion. The company stated the lease is projected to contribute an average of $330 million in annual net operating income. Deliveries of power to the site are scheduled to begin in the fourth quarter of 2027.

CleanSpark CEO Matt Schultz described the agreement as a transformational moment for the company, marking its evolution into a diversified digital infrastructure platform. The same confidential tenant also secured exclusivity rights through a letter of intent covering CleanSpark's entire Texas portfolio, which spans 718...