CLSK Stock Leads Gains Among Crypto Equities – Lifting Data Center-Focused Bitcoin Miners

CleanSpark’s new 20-year agreement covers the company's Sandersville, Georgia, campus and includes two optional five-year extensions.

• The announcement lifted other Bitcoin mining companies with growing data center infrastructure businesses, including Keel Infrastructure, Riot Platforms, Mara Holdings, Hut 8, and HIVE Digital.
• Bitcoin traded largely unchanged while Ethereum outperformed major cryptocurrencies during Tuesday morning's session.
• Coinbase and Circle traded mixed, with investors turning their attention to the expected release of a revised CLARITY Act draft later this week.

Shares of Cleanspark (CLSK) led gains among crypto equities on Tuesday morning, pushing other Bitcoin (BTC) miners that are pivoting towards data center infrastructure higher as well. 

CLSK’s stock rose as much as 20% in pre-market trade, and trimmed gains to around 10% after market open, and was among the top-trending tickers on Stocktwits at the time of writing. Retail sentiment around the company on the platform rose to ‘bullish’ from ‘bearish’ over the past day, and chatter jumped to ‘high’ from ‘normal’ levels. 

CleanSpark Surges On $6.6 billion Infrastructure Lease

The company announced it had entered into a 20-year infrastructure lease agreement, with two five-year extension options, directly with a technology company at its Sandersville, Georgia, campus.