Movement Alert|CleanSpark Rises 9.89% in Regular Trading, Signs $6.6 Billion Data Center Lease Agreement

Market Focus07-15

On July 15, CleanSpark rose 9.89% in regular trading, trading at $14.595/share, with turnover of $58.59 million. The rally was driven by the company's announcement of a landmark 20-year infrastructure lease agreement with a high investment-grade global technology company.

The triple-net lease covers 175 megawatts of critical IT load at CleanSpark's Sandersville, Georgia campus, with deliveries expected to begin in Q4 2027. The initial term is projected to generate approximately $6.6 billion in contracted revenue. The agreement includes two five-year extension options that could increase total contracted revenue to approximately $11.6 billion. Additionally, the tenant signed a letter of intent and exclusivity agreement covering CleanSpark's Texas portfolio, which includes up to 885 MW of secured and planned power capacity across its Sealy and Brazoria campuses, further expanding the company's growth pipeline.

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