jain.com

Sandersville buildout capex estimate

Company: CleanSpark

Subject kind
guidance
Statement date
2026-10-12
Promised amount
1750000000.0 USD
Current status
stated

The claim, verbatim

Future Sandersville buildout costs are estimated at $10-12 million per MW, with total capex cash needs projected at $1.75-2.1 billion.

Source (primary)

CleanSpark Q3FY26 Results: Net loss narrows to $240M; secures $6.6B lease - scanx.trade (-, news_article)
View cached copy (2026-10-12)Live source ↗Archive.org ↗

Quote: “Future buildout costs are estimated at $10 to $12 million per megawatt, with total cash needs for capital expenditure projected between $1.75 billion and $2.1 billion”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article's Sandersville section gives both the per-megawatt cost estimate and the total capex range.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/cleanspark-q3fy26-results-net-loss-narrows-240m-secures-6-6b-lease/53345798) in full (20,040 characters, retrieved October 12, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark Q3FY26 Results: Net loss narrows to $240M; secures $6.6B lease - scanx.trade

Quote: “Future buildout costs are estimated at $10 to $12 million per megawatt, with total cash needs for capital expenditure projected between $1.75 billion and $2.1 billion”

View cached copy (2026-10-12)Live source ↗Archive.org ↗