CleanSpark's AI Pivot Is Real — Execution Will Decide Whether It's Growth or Gimmick
CleanSpark announced a transformational 20-year lease expected to generate $6.6B in contracted revenue (up to $11.6B with extensions). The market is enthusiastic, but recent earnings misses, negative free cash flow and elevated leverage make execution risk high. This trade targets upside if management can convert backlog into stable AI data center …