Why it matters
The strategic read
Converts another large Bitcoin-mining power portfolio into contracted hyperscale infrastructure. The 175 MW initial lease carries multibillion-dollar base-term revenue, while the Texas exclusivity agreement gives the same customer a path to nearly 900 MW more capacity. It is a concrete tenant receipt for CleanSpark's pivot from mining toward long-duration AI and high-performance-computing infrastructure.
Source-supported terms
What was disclosed
- 01
CleanSpark announced the transaction on July 14, 2026 and disclosed the lease in an SEC filing.
- 02
The unnamed tenant is described as a high-investment-grade, leading global technology company.
- 03
The initial lease term is 20 years with two five-year extension options.
- 04
Contracted revenue over the initial term is expected to total $6.6B.
- 05
The SEC filing identifies 175 MW of IT capacity at the Sandersville campus.
- 06
The agreement is described as supporting a range of computing workloads.
- 07
A related letter of intent gives the customer exclusivity across CleanSpark's Texas portfolio of 718 acres and 885 MW of secured and planned capacity.
- 08
CleanSpark says its U.S. power, land and data-center portfolio exceeds 1.8 GW.
Disclosure boundary
What is known—and what is not
Company announcement and SEC filing disclose the tenant quality description, Sandersville location, 175 MW IT load, 20-year initial term, two five-year extensions, $6.6B expected base-term contracted revenue and Texas exclusivity scope. Public materials do not identify the tenant, publish the full lease, disclose rent escalators, extension economics, construction milestones, customer credit support, equipment configuration, workload mix, remedies or termination rights.