https://finance.yahoo.com/technology/articles/cleanspark-secures-6-6-billion-105021062.html
CleanSpark Inc. (NASDAQ:CLSK) announced a long-term infrastructure lease worth an estimated $6.6 billion, sending its shares around 15% higher in premarket trading on Tuesday as investors welcomed the company's expansion into digital infrastructure.
The agreement covers a 20-year lease at CleanSpark's Sandersville, Georgia campus with an unnamed global technology company. The contract also includes two optional five-year extensions, which could increase the total value of the agreement to approximately $11.6 bill
20 Years seems like a long lease term, especially in the fast moving AI/Bitcoin world.
Indeed but investors like it. I still hold a pretty sized bag of CLSK
Do you have a sense of percentage of how much CleanSpark business is Bitcoin Mining VS AI?
I don’t. But I know they still mine and actually added 400+ BTC to their treasury but I haven’t listed to a conference call or read a report from them in a long time.
I added the stock a long time ago and then it had a massive run up. I took some profits off the table and bought other stocks but still hold my shares in this company due to they are one of the best miners out there.
Between them and my LEAPS on Bitfarms I had some nice fiat windfalls investing in the miners.