{"id":198060,"date":"2026-07-14T16:04:07","date_gmt":"2026-07-14T16:04:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=198060"},"modified":"2026-07-14T16:04:07","modified_gmt":"2026-07-14T16:04:07","slug":"cleanspark-signs-6-6-billion-data-center-lease-as-bitcoin-miner-pivots-to-compute","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=198060","title":{"rendered":"CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute<\/a><\/p>\n

<\/div>\n

CleanSpark, the Nasdaq-listed bitcoin miner, said<\/a> on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia.\u00a0<\/p>\n

The deal marks the firm\u2019s largest step from pure bitcoin mining toward high-performance computing for hyperscale clients.<\/p>\n

The lease covers data center infrastructure that will support 175 megawatts of critical IT load. CleanSpark<\/a> expects the initial term to generate $6.6 billion in contracted revenue, a figure that would climb to $11.6 billion if the tenant exercises both extension options.\u00a0<\/p>\n

The company has recently announced that it would repurpose part of its electricity capacity and mining infrastructure to power AI data centers, aiming to diversify beyond bitcoin mining.\u00a0<\/p>\n

CleanSparks\u2019 average annual net operating income from the agreement should reach $330 million. First deliveries are due in the fourth quarter of 2027.<\/p>\n

In a further sign of the tenant\u2019s appetite, the two sides executed a letter of intent and an exclusivity arrangement covering CleanSpark\u2019s entire Texas portfolio, a base of up to 885 megawatts of secured and planned power capacity. Should that convert into firm contracts, CleanSpark\u2019s transition into an infrastructure landlord for artificial-intelligence and cloud workloads would deepen.<\/p>\n

CleanSpark holds 13,924 bitcoin<\/h2>\n

The announcement lands as CleanSpark\u2019s core mining business posts records. The company produced<\/a> 614 bitcoin in early July and lifted its operational hashrate to 50 exahashes per second, a company high.\u00a0<\/p>\n

Treasury holdings rose to 13,924 bitcoin, one of the larger corporate stashes among public miners. Management has kept much of its mined bitcoin rather than sell into the market, a bet on the asset\u2019s long-term price.<\/p>\n

Wall Street has warmed to the compute pivot. Citizens began coverage<\/a> with an Outperform rating and a $27 price target, citing the shift toward hyperscale compute capacity. Chardan lifted<\/a> its target to $19 from $16 and kept a Buy rating. Both notes framed the Sandersville lease as proof that CleanSpark can monetize its power and land assets beyond mining, where margins swing with bitcoin\u2019s price and network difficulty.<\/p>\n

Investor reaction has been mixed. Shares of CleanSpark gained more than 20% in pre-market on the news but have since dropped to 9% gains on the day.\u00a0<\/p>\n

The Georgia lease offers somewhat of a hedge. Contracted rent from a creditworthy tenant provides a revenue stream that does not rise and fall with hash prices, while the company keeps its mining fleet and bitcoin treasury intact.\u00a0<\/p>\n

The next test is execution: bringing 175 megawatts online before the close of 2027 and turning the Texas letter of intent into signed leases.<\/p>\n

This post CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia.\u00a0 The deal marks the firm\u2019s largest step from pure bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":198061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-198060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/198060"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=198060"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/198060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/198061"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=198060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=198060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=198060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}