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$CLSK
CleanSpark rallies on 20-year data center lease with global technology company
Jul 14, 2026
CleanSpark (CLSK) shares surged more than 14% in premarket trading on Tuesday after the data center developer signed a 20-year infrastructure lease with a global technology company for its Sandersville, Georgia, campus.
The triple-net lease is expected to generate about $6.6B in contracted revenue over its initial term, with the potential contract value rising to $11.6B if the tenant exercises two five-year extension options.
Under the agreement, the customer will deploy production-grade infrastructure at the Sandersville campus to support a range of computing workloads. The companies also signed a letter of intent and exclusivity agreement covering CleanSpark's entire 718-acre Texas portfolio, which includes up to 885 megawatts of secured and planned power capacity, laying the groundwork for a broader long-term partnership.