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 biggest lease deals in Bitcoin mining history. The company secured a twenty-year triple-net lease with an investment-grade global tech tenant for its data center in Sandersville, Georgia — and the contracted revenue hits $6.6 billion. Pull in the full extension options and that number jumps to $11.6 billion. That's not a rounding error. That's a company-defining deal.
The lease covers 175 MW of critical IT load, with deliveries expected to kick off in Q4 2027. Triple-net means CleanSpark gets paid without sweating operating costs — the tenant covers taxes, insurance, and maintenance. For a Bitcoin miner that's been aggressively building out infrastructure, this is the kind of predictable, long-term cash flow Wall Street loves to see.
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Here's where it gets more interesting for traders: the tenant has also signed a letter of intent and an exclusivity arrangement covering CleanSpark's entire Texas portfolio — that's 885 MW in play. This isn't a one-off deal. This looks like the opening move in a much larger strategic relationship, and it signals serious institutional demand for CleanSpark's power capacity at scale.
For CleanSpark shareholders, this fundamentally changes the risk profile. You're no longer just betting on Bitcoin prices. You've got contracted revenue that stretches two decades deep with an investment-grade counterparty. The pivot toward hyperscaler-style infrastructure leasing is real, and CleanSpark appears to be ahead of most mining peers in executing it. Watch how management handles the Texas LOI conversion — that's your next catalyst.
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