The amendment replaces a single five-year renewal option with three consecutive five-year renewal options, giving the company long-dated control of all 19 MW of contracted power at the location.

QumulusAI (NASDAQ:QMLS), a neocloud infrastructure provider purpose-built for the AI computing era, today announced an amendment to the surface lease at its Oklahoma data center, extending the company’s potential tenure at the site through January 31, 2044.

The amendment replaces the single five-year renewal option in the original lease with three consecutive five-year renewal options, each exercisable at the company’s election upon written notice 60 days’ prior to the expiration of the applicable term, assuming continued compliance with the agreement. QumulusAI is not obligated to exercise any of them.

The Oklahoma location, approximately 10.57 acres, has been in service since 2024 and is the company’s legacy operating site. It carries 19 MW of total contracted power capacity. Of that, 10 MW is currently active and supports legacy blockchain mining and hosting operations, and 9 MW is available and unutilized.