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CLSK shares surge 21% premarket after signing a 20-year infrastructure lease with a global technology company for its Sandersville, Georgia,

CLSK shares surge 21% premarket after signing a 20-year infrastructure lease with a global technology company for its Sandersville, Georgia, campus. The triple-net lease is expected to generate about $6.6B in contracted revenue over its initial term, with the potential contract value rising to $11.6B if the tenant exercises two five-year extension options.

CLSK

CLSK shares surge 21% premarket after signing a 20-year infrastructure lease with a global technology company for its Sandersville, Georgia, campus.

The triple-net lease is expected to generate about $6.6B in contracted revenue over its initial term, with the potential contract value rising to $11.6B if the tenant exercises two five-year extension options.