CleanSpark Releases July 2026 Operational Update
Rhea-AI Summary
CleanSpark (Nasdaq: CLSK) reported its unaudited July 2026 Bitcoin mining and operational results and announced a major long-term data center lease. The company executed a 20-year triple-net (NNN) infrastructure lease at its Sandersville, Georgia campus with a leading high investment-grade global technology tenant, covering 175 MW of critical IT load with deliveries expected to begin in Q4 2027. The agreement is expected to generate about $6.6 billion in contracted revenue over the initial term, with an expected cumulative NOI contribution margin of nearly 100% and average annual NOI of about $330 million. Total expected contract value rises to $11.6 billion if two five-year extension options are exercised. July Bitcoin production was 586 BTC, with a peak single-day output of 20.77 BTC, operational hashrate of 50 EH/s, and 1.8 GW of power under contract.
Positive
- $6.6 billion contracted revenue from 20-year Sandersville NNN lease
- Potential total contract value of $11.6 billion with extensions
- Expected cumulative NOI margin near 100%, ~$330 million average annual NOI
- Lease supports 175 MW of critical IT load starting Q4 2027
- July Bitcoin production of 586 BTC with peak day at 20.77 BTC
- Operational hashrate reached 50 EH/s with 1.8 GW power under contract
Negative
- None.
News Explained
July treasury activity included 350 bitcoin sold through call exercises, while 4,070 bitcoin was posted as collateral or receivable.
CleanSpark’s executed Sandersville lease includes annual escalators, and the release lists estimated landlord project costs of
As of
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 14 | Data center lease | Positive | +8.8% | Twenty-year triple-net lease announced with billions in contracted revenue |
| Jul 07 | Operational update | Positive | -7.6% | June bitcoin production and infrastructure metrics reported |
| Jun 04 | Operational update | Positive | -4.7% | May mining production and treasury activity reported |
| May 20 | Leadership appointment | Positive | +4.8% | Senior finance executive appointed to lead capital markets and FP&A |
| May 11 | Quarterly earnings | Negative | -5.8% | Fiscal second-quarter results included revenue decline and net loss |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent operational and earnings announcements produced mixed outcomes, while the prior lease announcement aligned with a positive price reaction.
Key Terms
triple-net lease financial
noi margin financial
operational hashrate technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Secures twenty-year triple-net (NNN) lease totaling
Includes 175 MW of critical IT load with deliveries expected to begin in Q4 2027 to a high investment-grade tenant
"July was a transformative month for CleanSpark with the execution of our first HPC data center lease at our
Secures Lease for Data Center in
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
Transaction details:
- Triple-net (NNN) lease with annual escalators
$6.6 billion $11.6 billion - 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
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)
Production Metrics | |
Bitcoin produced | 586 |
Peak single day bitcoin production | 20.77 |
Average daily bitcoin production | 18.91 |
CY2026 bitcoin produced | 4,310 |
Fleet Metrics | |
Operational Hashrate1 | 50 EH/s |
Average operating hashrate | 38.6 EH/s |
Peak efficiency of deployed fleet | 16.07 J/Th |
Deployed fleet as of July 31 | 230,507 |
Power Portfolio Metrics | |
GW under contract2 | 1.8 GW |
Utilized MW3 | 808 MW |
Bitcoin Treasury Activity | |
Total bitcoin holdings as of June 30 | 13,924 |
Bitcoin produced | 586 |
Bitcoin sold at spot | (229) |
Bitcoin sold pursuant to call exercises | (350) |
Total bitcoin holdings as of July 314 | 13,931 |
Average price per bitcoin sold5 | |
1Operational Hashrate refers to the highest hashrate historically achieved concurrently by all installed and functional miners that |
2GW under contract includes all contracted power capacity for wholly owned or leased sites and excludes any other non-binding |
3Utilized MW represents the maximum megawatts used concurrently in support of the fleet's Operational Hashrate. |
4As of July 31, 2026, CleanSpark's Bitcoin holdings were 13,931 in total, of which 4,070 was posted as collateral or as receivable and |
5Average price calculated as net proceeds from bitcoin sold plus net premiums generated divided by total bitcoin sold. |
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
ir@cleanspark.com
Media Contact
Eleni Stylianou
702-989-7694
pr@cleanspark.com
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SOURCE CleanSpark, Inc.