CleanSpark secures US$6.6B AI infrastructure deal

• CleanSpark has signed a 20-year AI infrastructure lease worth US$6.6 billion.
• The deal marks a major shift beyond Bitcoin mining.
• The company plans to expand into AI data centre services.

CleanSpark has signed a 20-year lease valued at US$6.6 billion to provide infrastructure for artificial intelligence computing.

The agreement marks a major shift for the Bitcoin (CRYPTO:BTC) miner as it expands beyond cryptocurrency mining into AI data centre services.

The long-term lease will allow CleanSpark to use its power infrastructure to support AI computing workloads alongside its existing operations.

Bitcoin miners have increasingly explored AI hosting because both industries require large amounts of electricity and high-performance computing infrastructure.

Several mining companies have diversified into AI as mining profits become more sensitive to Bitcoin prices and network competition.

The deal highlights the growing trend of Bitcoin miners using their existing facilities to tap into rising demand for AI infrastructure.

At the time of reporting, Bitcoin price was $64,863.66.