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CleanSpark Secures a 20-Year, $6.6 Billion Data Center Lease; Stock Jumps Over 20% in Pre-Market Trading
Svmuu News Bitcoin Mining company CleanSpark announced that it has signed a 20-year data center lease agreement with an unnamed global technology company, with a total value of approximately $6.6 billion.Under the agreement, the technology company will lease CleanSpark’s data center campus in Sandersville, Georgia. Additionally, the tenant has secured exclusive rights to CleanSpark’s portfolio of data centers in Texas, with a potential capacity of up to 885 MW.The market views this partnership as a sign that CleanSpark is accelerating its transition from traditional Bitcoin mining operations to AI computing and high-performance data center infrastructure. Perhaps influenced by the news, CleanSpark’s stock rose by more than 20% at one point during pre-market trading on Tuesday. (The Block)
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