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CleanSpark Secures $6.6B Lease Deal Amid Mixed Fundamentals

Guavy AI Editorial Team
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LSK
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CleanSpark (CLSK) has signed a massive 20-year lease for its Sandersville, Georgia site, securing US$6.6 billion in funding over two decades.

The company expects to generate annual revenue of around US$330 million from this lease, with shares currently trading at US$14.47.

This news comes on the back of CleanSpark's recent flurry of activity, including securing US$2.2 billion in senior secured notes and releasing fresh production figures.

Despite the company's strong growth, it still reports a loss, with mixed returns over the past year and three years.

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