PR Newswire
Secures twenty-year triple-net (NNN) lease totaling $6.6 billion in contracted revenue
Includes 175 MW of critical IT load with deliveries expected to begin in Q4 2027 to a high investment-grade tenant
LAS VEGAS, Aug. 5, 2026 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (“CleanSpark” or the “Company”), a market-leading data center developer, today released its unaudited Bitcoin mining and operations update for the month ended July 31, 2026.
“July was a transformative month for CleanSpark with the execution of our first HPC data center lease at our Sandersville campus,” said CEO and Chairman Matt Schultz. “This was a 20-year true triple-net lease directly with a high investment-grade leading global technology company resulting in $6.6 billion in contracted revenue with a nearly 100% NOI margin. Our business is executing on parallel paths as we focus on commercialization and continue expanding our power and land portfolio while driving mining productivity.”
Secures Lease for Data Center in Sandersville, GA
CleanSpark entered into a 20-year infrastructure lease agreement, with two five-year extension options, directly with a leading high investment-grade global technology company at its Sandersville, Georgia, campus. The agreement is expected to generate approximately $6.6 billion in contracted revenue over the initial term and will support the deployment of production-grade infrastructure dedicated to a range of computing workloads.
Transaction details:
- Triple-net (NNN) lease with annual escalators
- $6.6 billion of expected contract value across the initial 20-year term
- $11.6 billion of expected contract value if two five-year extension options are exercised
- Expected cumulative NOI contribution margin of nearly 100%, or an average annual NOI contribution of approximately $330 million
- Estimated landlord project costs of $10-$12 million per MW of critical IT load
Announces Q3 FY2026 Earnings Call
CleanSpark will discuss its fiscal third quarter 2026 financial results via a live webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Thursday, August 6, 2026.
To view the webcast, please click here.
July 2026 Bitcoin Mining Highlights (Unaudited)
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Bitcoin produced |
586 |
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Peak single day bitcoin production |
20.77 |
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Average daily bitcoin production |
18.91 |
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CY2026 bitcoin produced |
4,310 |
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Operational Hashrate1 |
50 EH/s |
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Average operating hashrate |
38.6 EH/s |
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Peak efficiency of deployed fleet |
16.07 J/Th |
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Deployed fleet as of July 31 |
230,507 |
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GW under contract2 |
1.8 GW |
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Utilized MW3 |
808 MW |
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Total bitcoin holdings as of June 30 |
13,924 |
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Bitcoin produced |
586 |
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Bitcoin sold at spot |
(229) |
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Bitcoin sold pursuant to call exercises |
(350) |
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About CleanSpark
CleanSpark (Nasdaq: CLSK), is a market-leading data center developer with a proven track record of success. We control a portfolio of more than 1.8 GW of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence, and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: scaling towards becoming a multi-gigawatt AI and digital infrastructure platform; the success and performance of the Company’s non-bitcoin data center activities and expansion into non-bitcoin infrastructure; completion of construction, regulatory approvals, and electrical power availability to achieve anticipated growth; the success and performance of the digital asset management and derivatives trading activities; the success of our digital currency mining activities; bitcoin volatility; the dependency on utility rate structures and government incentive programs; and other risks described in the Company’s prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.
Investor Relations Contact
Harry Sudock
702-989-7693
[email protected]
Media Contact
Eleni Stylianou
702-989-7694
[email protected]
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SOURCE CleanSpark, Inc.
