Key HighlightsCLSK shares jumped following announcement of major infrastructure lease agreement.Two-decade contract valued at potentially $11.6B including optional extensions.Georgia facility selected as primary site for high-performance computing deployment.Texas properties under exclusive negotiation covering 885 MW power capacity.Strategic pivot diversifies company operations into enterprise data center services.Shares of CleanSpark, Inc. (CLSK) experienced significant pre-market gains following disclosure of a major long-term infrastructure partnership. After settling at $12.36 with a 3.81% decline, the stock rallied 17.88% to reach $14.57 during early trading hours. This landmark deal marks the company’s strategic evolution from cryptocurrency mining operations toward comprehensive digital infrastructure services.CleanSpark, Inc., CLSKMajor Infrastructure Partnership AnnouncedCleanSpark has finalized a 20-year infrastructure lease arrangement with an investment-grade global technology corporation at its Georgia facility in Sandersville. The comprehensive agreement features provisions for two additional five-year renewal periods, potentially extending the business relationship significantly. When factoring in both optional extensions, the total revenue opportunity approaches approximately $11.6 billion.The base 20-year commitment represents roughly $6.6 billion in anticipated contract value. Structured as a triple net lease, the arrangement incorporates annual rental increases built into the payment schedule. Financial projections indicate the agreement should contribute around $330 million in average annual net operating income.The technology tenant intends to establish production-level infrastructure capable of supporting diverse computing applications at the Sandersville property. CleanSpark maintains responsibility for site operations and foundational infrastructure services during the contract term. While the tenant holds investment-grade credit status as a major technology player, their specific identity has not been publicly disclosed.Georgia Facility Positioned for Advanced Computing OperationsCleanSpark designated the Sandersville location based on consistent power supply reliability and sufficient capacity for sophisticated computing requirements. The property accommodates gradual rollout of intensive data center infrastructure across multiple development phases. The company established operations at this Georgia site in 2022, progressively enhancing energy systems and facility capabilities.These earlier investments created sustained operational capacity supporting regional economic development. The groundwork laid through previous infrastructure improvements positioned the site favorably ahead of this commercial opportunity. This lease agreement effectively monetizes those strategic investments through guaranteed long-term revenue streams.Landlord capital expenditures are projected between $10 million and $12 million per megawatt of critical IT capacity deployed. Despite these costs, cumulative net operating income contribution margins are forecast to approach 100%. These favorable economics stem from the lease’s structural characteristics and extended duration.Texas Assets Present Additional Development OpportunitiesCleanSpark has additionally executed a letter of intent providing the technology tenant with exclusive negotiation rights across all Texas holdings. This arrangement positions the Texas properties as candidates for subsequent expansion phases. Combined, these Texas facilities encompass 718 acres with secured and planned electrical capacity reaching 885 megawatts.The Sealy property comprises 271 acres supporting approximately 300 megawatts of planned electrical load. Meanwhile, the Brazoria site spans 447 acres with 300 megawatts of immediate capacity. Existing transmission connections enable potential scaling to 600 megawatts at Brazoria.The Texas exclusivity framework does not constitute a binding development commitment currently. Nevertheless, it creates a pathway for expanded collaboration across the company’s substantial power portfolio. The completed Sandersville transaction therefore serves as the initial milestone in a comprehensive digital infrastructure growth strategy while broadening CleanSpark’s revenue diversification beyond traditional bitcoin mining activities. The post CleanSpark (CLSK) Stock Surges on $11.6B Infrastructure Deal Spanning Two Decades appeared first on Blockonomi.