CleanSpark Signs $6.6 Billion AI Data‑Center Lease, Shares Jump 10%

CleanSpark has locked in a $6.6 billion 20‑year lease for its Georgia data‑center campus.

Power Play in Georgia: 175 MW Commitment

The tenant is set to draw 175 megawatts of electricity starting in Q4 2027, roughly 30 % of the region’s existing data‑center capacity.

The Secret Tenant: A Global Tech Giant

While the lessee remains unnamed, CleanSpark notes that it is a global technology company with a high investment‑grade profile.

Market Ripple: CLSK Shares Surge

Following the announcement, CLSK stock jumped 10 %, bringing its year‑to‑date gain to 18 % and trading at $13.65 per share.

Expansion Levers: Extension Options

Two five‑year extensions could lift the contract value to $11.6 billion, cementing CleanSpark’s AI data‑center revenue stream for the next decade.

■Lease term: 20 years (initial)

■Base value: $6.6 billion

■Extension potential: 2 × 5‑year options, up to $11.6 billion

■Power commitment: 175 MW, delivery expected Q4 2027

Analysts see this deal as a strategic hedge against the inherent volatility of cryptocurrency mining, providing CleanSpark with a stable, long‑term cash flow. The structure could become a template for other crypto‑to‑AI transition stories, offering investors clearer visibility into future earnings.