CleanSpark just locked in one of the most lucrative deals in Bitcoin mining history, and it has almost nothing to do with Bitcoin. The company announced a 20-year triple-net lease agreement for its data center in Sandersville, Georgia, with a high-investment-grade global technology firm. The projected revenue: $6.6 billion over the initial term, with an extension pathway that could push the total to $11.6 billion.
Inside the deal
The lease covers a critical IT load of 175 megawatts at CleanSpark’s Sandersville campus, designed to support AI and high-performance computing workloads. First deliveries from the facility are scheduled for Q4 2027.
CleanSpark projects an average annual net operating income of approximately $330 million from this single lease, at what the company describes as nearly 100% profit margin.
The tenant’s identity remains undisclosed, though CleanSpark characterized the partner as a “high-investment-grade global technology firm.”
