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CleanSpark Secures $6.6B HPC Lease in July Update: What Investors Need to Know

By Exbasi Intelligence
Sourced from Benzinga
CleanSpark Secures $6.6B HPC Lease in July Update: What Investors Need to Know
CleanSpark Inc. ) shares are trading flat Wednesday morning. The company earlier announced a 20-year triple-net lease agreement at its Sandersville, Georgia campus with a .CleanSpark shares are consolidating. CleanSpark’s Sandersville Data Center DealThe contract delivers 175 MW of critical IT load with deliveries starting in fourth-quarter 2027, generating an expected $6.6 billion in contracted revenue.If two five-year extension options are exercised, total contract value could reach $11.6 billion, yielding an average annual NOI contribution of roughly $330 million at a near 100% NOI margin.Strong Mining Operations and Leadership InsightsDuring July 2026, CleanSpark 586 Bitcoin, bringing its calendar year total to 4,310 BTC. The company maintained an operational hash rate of 50 EH/s across 230,507 deployed miners and closed the month with 13,931 BTC in treasury. It liquidated 579 BTC through spot sales and option exercises at an average price of $66,133 per token.CleanSpark CEO and Chairman Matt Schultz highlighted the strategic shift, noting that “July was a transformative month for CleanSpark with the execution of our first HPC data center lease at our Sandersville campus.”Schultz emphasized that the deal reflects the company executing on parallel paths by driving mining productivity while commercializing high-performance computing infrastructure and expanding its 1.8 GW power portfolio. CleanSpark will discuss its fiscal third-quarter 2026 results on Thursday, after the market close.CLSK Shares Pause Wednesday MorningCLSK Price Action: CleanSpark shares were trading 0.99% higher at $14.32 Wednesday morning, according to Benzinga Pro data. Read Also: Stock Market Today: S&P 500, Dow Futures Gain After Scott Bessent Signals Strait of Hormuz Deal With Iran in Sight—AMD, SpaceX, SanDisk in Focus Image: Shutterstock

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CleanSpark Secures $6.6B HPC Lease in July Update: What Investors Need to Know | Exbasi News