NASDAQ Framework: CleanSpark Inc.
1: CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. View Source2: CleanSpark, Inc. is a bitcoin mining company. The Company independently owns and operates about 10 data centers in Georgia and three data centers in Mississippi for a total developed capacity of more than 420 megawatts (MW) and 435 MW. The Company does not host miners for any other companies, and has a partner in Massena, New York, who hosts approximately 50 MW for the Company. The Company operates around bitcoin mining machines, with a hash rate capacity of more than 20 Exa... View Source3: The cryptocurrency mining industry has been experiencing significant growth, driven by the rising value of digital currencies like bitcoin. However, it is also facing challenges related to high energy consumption and regulatory scrutiny. Companies like CleanSpark are focusing on sustainable mining practices to address these challenges and improve the environmental impact of mining activities. View Source
CleanSpark, Inc., headquartered in Henderson, Nevada, operates as a bitcoin miner in the Americas, owning and operating data centers that primarily run on low-carbon power 4. The company has strategically expanded its infrastructure, including recent acquisitions of multiple bitcoin mining facilities in Georgia and Wyoming, and a significant merger with GRIID Infrastructure 567. CleanSpark's operations are aligned with sustainability goals, leveraging advanced energy management solutions to optimize mining efficiency and reduce costs 89. The company has shown impressive financial growth, surpassing analyst revenue forecasts and delivering substantial returns to shareholders 1011.
4: CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. View Source5: CleanSpark Releases June 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024. PR Newswire • 22 days ago CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee CleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusi PR Newswire • 27 days ago CleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million. PR Newswire • last month CleanSpark Releases May 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2024. PR Newswire • last month CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing. PR Newswire • 2 months ago CleanSpark Reports Second Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET. PR Newswire • 2 months ago CleanSpark Names Chief Operating Officer and Chief Technology Officer CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. PR Newswire • 2 months ago CleanSpark Releases April 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending April 30, 2024. PR Newswire • 2 months ago CleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial Results CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal second quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 9, 2024. Results will be released after the close of regular trading on May 9, 2024. PR Newswire • 2 months ago CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has exceeded 17 exahashes per second (EH/s) of operating hashrate and has exercised its option to purchase 100,000 Bitmain S21 Pros, or 23.4 EH/s of machines. PR Newswire • 3 months ago CleanSpark Releases March 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2024. PR Newswire • 3 months ago CleanSpark Releases February 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending February 29, 2024. PR Newswire • 4 months ago CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). PR Newswire • 4 months ago CleanSpark Exceeds 14 EH/s as Sandersville Expansion Comes Online CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has finished energizing the first 100 MW of its expansion in Sandersville, Georgia, increasing its fleetwide operating hashrate to over 14 exahashes per second (EH/s). PR Newswire • 5 months ago CleanSpark Reports First Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended December 31, 2023. PR Newswire • 5 months ago CleanSpark Announces Two New Acquisitions, Securing Power and Infrastructure to Reach 20 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire three turnkey bitcoin mining facilities in Mississippi for a cash payment of $19.8 million. The purchase is expected to close within 21 days, with the operating hashrate at the combined facilities expected to reach 2.4 EH/s (exahashes per second) shortly after closing. PR Newswire • 5 months ago CleanSpark Releases January 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2024. PR Newswire • 5 months ago CleanSpark Executives to Discuss Fiscal First Quarter 2024 Financial Results Via Webcast CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal first quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, February 8, 2024. Results will be released after the close of regular trading on February 8, 2024. PR Newswire • 5 months ago Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023 December Co-Location Business Revenue increased 34% M/M December Self-Mining Business Revenue increased 27% M/M Completed second Co-Location Customer Deployment of ~6 MW and ~1,764 miners December Total Revenue of about $5.97 million, up 24% M/M PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023. Rahul Mewawalla, GlobeNewswire • 6 months ago CleanSpark Announces Strategic Agreement for up to 160,000 Bitmain S21 Miners, Path to 50 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the purchase of up to 160,000 Bitmain S21 miners, or the equivalent of 32 exahashes per second (EH/s). PR Newswire • 6 months ago View Source6: PR Newswire•22 days agoCleanSpark Releases June 2024 Bitcoin Mining UpdateCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024.PR Newswire•27 days agoCleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in TennesseeCleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusiSimply Wall St.•last monthCleanSpark (NASDAQ:CLSK) delivers shareholders massive 310% return over 1 year, surging 6.7% in the last week aloneActive investing isn't easy, but for those that do it, the aim is to find the best companies to buy, and to profit...PR Newswire•last monthCleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of InfrastructureCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million.PR Newswire•2 months agoCleanSpark Releases May 2024 Bitcoin Mining UpdateCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2024.Simply Wall St.•2 months agoAnalysts Are Updating Their CleanSpark, Inc. (NASDAQ:CLSK) Estimates After Its Second-Quarter ResultsShareholders might have noticed that CleanSpark, Inc. ( NASDAQ:CLSK ) filed its quarterly result this time last week...GuruFocus.com•2 months agoCleanSpark Surpasses Analyst Revenue Forecasts with Record Q2 Financial ResultsImpressive Growth and Strategic Expansion Drive Strong PerformanceSimply Wall St.•2 months agoCleanSpark Second Quarter 2024 Earnings: EPS: US$0.59 (vs US$0.23 loss in 2Q 2023)CleanSpark ( NASDAQ:CLSK ) Second Quarter 2024 Results Key Financial Results Revenue: US$111.8m (up 163% from 2Q 2023...Simply Wall St.•2 months agoCleanSpark, Inc.'s (NASDAQ:CLSK) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?CleanSpark (NASDAQ:CLSK) has had a great run on the share market with its stock up by a significant 19% over the last...PR Newswire•2 months agoCleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 MillionCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing. View Source7: CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million View Source8: Expansion in Cryptocurrency Mining: GRIID Infrastructure is known for its advanced and efficient bitcoin mining operations. Acquiring GRIID will enable CleanSpark to scale its mining capacity and increase its share of mined bitcoins, enhancing revenue potential.Synergies: The integration of GRIID’s infrastructure with CleanSpark’s existing technologies is expected to create operational efficiencies and cost savings. CleanSpark’s expertise in energy management can optimize GRIID’s mining operations, reducing energy costs and improving profitability.Market Positioning: This acquisition strengthens CleanSpark’s position in the rapidly growing cryptocurrency sector, allowing it to capitalize on the increasing demand for bitcoin and other digital assets.Sustainability Goals: CleanSpark has been committed to sustainable and efficient energy use. GRIID Infrastructure’s operations, which focus on utilizing renewable energy for mining, align well with CleanSpark’s sustainability objectives. View Source9: Revenue Growth: The acquisition is anticipated to boost CleanSpark’s revenue by increasing its bitcoin mining output.Cost Efficiency: Leveraging CleanSpark’s energy management solutions can lower the operational costs of GRIID’s mining facilities, improving overall profitability.Shareholder Value: The all-stock nature of the deal is designed to be accretive to CleanSpark’s shareholders, as the combined entity is expected to generate higher earnings and cash flow. View Source10: CleanSpark Surpasses Analyst Revenue Forecasts with Record Q2 Financial Results View Source11: CleanSpark (NASDAQ:CLSK) delivers shareholders massive 310% return over 1 year, surging 6.7% in the last week alone View Source
UNKNOWN
The provided facts do not specify whether CleanSpark Inc. is still led by its founders or if the founders are heavily involved in the company's operations. The information available mentions current executives and their roles but does not provide details about the founders' involvement 12.
The provided facts do not specify whether CleanSpark Inc. is still led by its founders or if the founders are heavily involved in the company's operations. The information available mentions current executives and their roles but does not provide details about the founders' involvement 12.
12: CleanSpark Names Chief Operating Officer and Chief Technology Officer View Source
LOW RISK
CleanSpark Inc. has demonstrated strong financial growth, surpassing analyst revenue forecasts and delivering substantial returns to shareholders 1314. The company has also shown profitability with an EPS of US$0.59 in the second quarter of 2024, compared to a loss in the same quarter the previous year 15. Additionally, CleanSpark's strategic acquisitions and expansion plans are expected to further enhance its revenue and operational efficiency 1617. The company's focus on sustainable energy practices and advanced energy management solutions also positions it well to manage operational costs effectively 18. Therefore, CleanSpark Inc. is considered to have a low financial risk.
CleanSpark Inc. has demonstrated strong financial growth, surpassing analyst revenue forecasts and delivering substantial returns to shareholders 1314. The company has also shown profitability with an EPS of US$0.59 in the second quarter of 2024, compared to a loss in the same quarter the previous year 15. Additionally, CleanSpark's strategic acquisitions and expansion plans are expected to further enhance its revenue and operational efficiency 1617. The company's focus on sustainable energy practices and advanced energy management solutions also positions it well to manage operational costs effectively 18. Therefore, CleanSpark Inc. is considered to have a low financial risk.
13: CleanSpark Surpasses Analyst Revenue Forecasts with Record Q2 Financial Results View Source14: CleanSpark (NASDAQ:CLSK) delivers shareholders massive 310% return over 1 year, surging 6.7% in the last week alone View Source15: CleanSpark Second Quarter 2024 Earnings: EPS: US$0.59 (vs US$0.23 loss in 2Q 2023) View Source16: Revenue Growth: The acquisition is anticipated to boost CleanSpark’s revenue by increasing its bitcoin mining output.Cost Efficiency: Leveraging CleanSpark’s energy management solutions can lower the operational costs of GRIID’s mining facilities, improving overall profitability.Shareholder Value: The all-stock nature of the deal is designed to be accretive to CleanSpark’s shareholders, as the combined entity is expected to generate higher earnings and cash flow. View Source17: Expansion in Cryptocurrency Mining: GRIID Infrastructure is known for its advanced and efficient bitcoin mining operations. Acquiring GRIID will enable CleanSpark to scale its mining capacity and increase its share of mined bitcoins, enhancing revenue potential.Synergies: The integration of GRIID’s infrastructure with CleanSpark’s existing technologies is expected to create operational efficiencies and cost savings. CleanSpark’s expertise in energy management can optimize GRIID’s mining operations, reducing energy costs and improving profitability.Market Positioning: This acquisition strengthens CleanSpark’s position in the rapidly growing cryptocurrency sector, allowing it to capitalize on the increasing demand for bitcoin and other digital assets.Sustainability Goals: CleanSpark has been committed to sustainable and efficient energy use. GRIID Infrastructure’s operations, which focus on utilizing renewable energy for mining, align well with CleanSpark’s sustainability objectives. View Source18: The cryptocurrency mining industry has been experiencing significant growth, driven by the rising value of digital currencies like bitcoin. However, it is also facing challenges related to high energy consumption and regulatory scrutiny. Companies like CleanSpark are focusing on sustainable mining practices to address these challenges and improve the environmental impact of mining activities. View Source
NO
The provided facts do not indicate that CleanSpark Inc. is launching any new product offerings. The information focuses on acquisitions, financial results, and operational updates but does not mention any new products 192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263.
The provided facts do not indicate that CleanSpark Inc. is launching any new product offerings. The information focuses on acquisitions, financial results, and operational updates but does not mention any new products 192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263.
19: CleanSpark Releases June 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024. PR Newswire • 22 days ago CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee CleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusi PR Newswire • 27 days ago CleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million. PR Newswire • last month CleanSpark Releases May 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2024. PR Newswire • last month CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing. PR Newswire • 2 months ago CleanSpark Reports Second Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET. PR Newswire • 2 months ago CleanSpark Names Chief Operating Officer and Chief Technology Officer CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. PR Newswire • 2 months ago CleanSpark Releases April 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending April 30, 2024. PR Newswire • 2 months ago CleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial Results CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal second quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 9, 2024. Results will be released after the close of regular trading on May 9, 2024. PR Newswire • 2 months ago CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has exceeded 17 exahashes per second (EH/s) of operating hashrate and has exercised its option to purchase 100,000 Bitmain S21 Pros, or 23.4 EH/s of machines. PR Newswire • 3 months ago CleanSpark Releases March 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2024. PR Newswire • 3 months ago CleanSpark Releases February 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending February 29, 2024. PR Newswire • 4 months ago CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). PR Newswire • 4 months ago CleanSpark Exceeds 14 EH/s as Sandersville Expansion Comes Online CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has finished energizing the first 100 MW of its expansion in Sandersville, Georgia, increasing its fleetwide operating hashrate to over 14 exahashes per second (EH/s). PR Newswire • 5 months ago CleanSpark Reports First Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended December 31, 2023. PR Newswire • 5 months ago CleanSpark Announces Two New Acquisitions, Securing Power and Infrastructure to Reach 20 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire three turnkey bitcoin mining facilities in Mississippi for a cash payment of $19.8 million. The purchase is expected to close within 21 days, with the operating hashrate at the combined facilities expected to reach 2.4 EH/s (exahashes per second) shortly after closing. PR Newswire • 5 months ago CleanSpark Releases January 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2024. PR Newswire • 5 months ago CleanSpark Executives to Discuss Fiscal First Quarter 2024 Financial Results Via Webcast CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal first quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, February 8, 2024. Results will be released after the close of regular trading on February 8, 2024. PR Newswire • 5 months ago Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023 December Co-Location Business Revenue increased 34% M/M December Self-Mining Business Revenue increased 27% M/M Completed second Co-Location Customer Deployment of ~6 MW and ~1,764 miners December Total Revenue of about $5.97 million, up 24% M/M PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023. Rahul Mewawalla, GlobeNewswire • 6 months ago CleanSpark Announces Strategic Agreement for up to 160,000 Bitmain S21 Miners, Path to 50 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the purchase of up to 160,000 Bitmain S21 miners, or the equivalent of 32 exahashes per second (EH/s). PR Newswire • 6 months ago View Source20: Expansion in Cryptocurrency Mining: GRIID Infrastructure is known for its advanced and efficient bitcoin mining operations. Acquiring GRIID will enable CleanSpark to scale its mining capacity and increase its share of mined bitcoins, enhancing revenue potential.Synergies: The integration of GRIID’s infrastructure with CleanSpark’s existing technologies is expected to create operational efficiencies and cost savings. CleanSpark’s expertise in energy management can optimize GRIID’s mining operations, reducing energy costs and improving profitability.Market Positioning: This acquisition strengthens CleanSpark’s position in the rapidly growing cryptocurrency sector, allowing it to capitalize on the increasing demand for bitcoin and other digital assets.Sustainability Goals: CleanSpark has been committed to sustainable and efficient energy use. GRIID Infrastructure’s operations, which focus on utilizing renewable energy for mining, align well with CleanSpark’s sustainability objectives. View Source21: PR Newswire•22 days agoCleanSpark Releases June 2024 Bitcoin Mining UpdateCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024.PR Newswire•27 days agoCleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in TennesseeCleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusiSimply Wall St.•last monthCleanSpark (NASDAQ:CLSK) delivers shareholders massive 310% return over 1 year, surging 6.7% in the last week aloneActive investing isn't easy, but for those that do it, the aim is to find the best companies to buy, and to profit...PR Newswire•last monthCleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of InfrastructureCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million.PR Newswire•2 months agoCleanSpark Releases May 2024 Bitcoin Mining UpdateCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2024.Simply Wall St.•2 months agoAnalysts Are Updating Their CleanSpark, Inc. (NASDAQ:CLSK) Estimates After Its Second-Quarter ResultsShareholders might have noticed that CleanSpark, Inc. ( NASDAQ:CLSK ) filed its quarterly result this time last week...GuruFocus.com•2 months agoCleanSpark Surpasses Analyst Revenue Forecasts with Record Q2 Financial ResultsImpressive Growth and Strategic Expansion Drive Strong PerformanceSimply Wall St.•2 months agoCleanSpark Second Quarter 2024 Earnings: EPS: US$0.59 (vs US$0.23 loss in 2Q 2023)CleanSpark ( NASDAQ:CLSK ) Second Quarter 2024 Results Key Financial Results Revenue: US$111.8m (up 163% from 2Q 2023...Simply Wall St.•2 months agoCleanSpark, Inc.'s (NASDAQ:CLSK) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?CleanSpark (NASDAQ:CLSK) has had a great run on the share market with its stock up by a significant 19% over the last...PR Newswire•2 months agoCleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 MillionCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing. View Source22: CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. View Source23: Revenue Growth: The acquisition is anticipated to boost CleanSpark’s revenue by increasing its bitcoin mining output.Cost Efficiency: Leveraging CleanSpark’s energy management solutions can lower the operational costs of GRIID’s mining facilities, improving overall profitability.Shareholder Value: The all-stock nature of the deal is designed to be accretive to CleanSpark’s shareholders, as the combined entity is expected to generate higher earnings and cash flow. View Source24: Home Stocks Cleanspark-stock News for Cleanspark CleanSpark To Acquire Griid Infrastructure For $155 Mln View Source25: PR NewswireCleanSpark Releases June 2024 Bitcoin Mining UpdateCleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024.PR NewswireCleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in TennesseeCleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusiSimply Wall St.CleanSpark (NASDAQ:CLSK) delivers shareholders massive 310% return over 1 year, surging 6.7% in the last week aloneActive investing isn't easy, but for those that do it, the aim is to find the best companies to buy, and to profit... View Source26: Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company’s wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company. View Source27: As part of the merger, CleanSpark will also take on all of Griid's existing debt and obligations. In addition, CleanSpark has provided Griid with a $5 million working capital loan and a pay-down bridge loan of around $50.9 million to fulfill specific obligations at signing. View Source28: The announcement of the acquisition has been met with interest from investors, reflecting confidence in CleanSpark’s strategic direction. Analysts are optimistic about the potential synergies and the positive impact on CleanSpark’s market position and financial performance. View Source29: 3 “Strong Buy” Cryptocurrency Stocks, According to AnalystsJuly 16, 2024TipRanksBernstein Remains a Buy on Cleanspark (CLSK)July 12, 2024TipRanksHere’s What You Missed in Crypto This WeekJuly 5, 2024TipRanksCleanSpark price target raised to $28 from $27 at Cantor FitzgeraldJuly 3, 2024TipRanksCleanSpark reports 445 Bitcoin mined in JuneJuly 2, 2024TipRanks View Source30: CleanSpark, Inc. is a bitcoin mining company. The Company independently owns and operates about 10 data centers in Georgia and three data centers in Mississippi for a total developed capacity of more than 420 megawatts (MW) and 435 MW. The Company does not host miners for any other companies, and has a partner in Massena, New York, who hosts approximately 50 MW for the Company. The Company operates around bitcoin mining machines, with a hash rate capacity of more than 20 Exa... View Source31: Yahoo Finance1 week agoWhat's Going On With Bitcoin Mining Stocks Marathon Digital, CleanSpark, Coinbase, MicroStrategy, Riot Platforms On Monday? View Source32: The Motley Fool1 week agoIs CleanSpark a Millionaire Maker Stock? View Source33: Benzinga1 week agoBitcoin Mining Stocks Marathon Digital, CleanSpark And Riot Platforms Are Rising: What's Going On? View Source34: CleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure View Source35: Disclaimer: This press release includes forward-looking statements within the meaning of applicable securities laws. Forward-looking statements can generally be identified by the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," or similar expressions. These statements are based on the current expectations and beliefs of CleanSpark Inc. (CLSK) and GRIID Infrastructure Inc. (GRDI) management and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. View Source36: Does Cleanspark Inc (CLSK) Stock Really Excited You? View Source37: CleanSpark (NASDAQ:CLSK) delivers shareholders massive 310% return over 1 year, surging 6.7% in the last week alone View Source38: A New Look at Cleanspark Inc (CLSK) Stock’s Hidden Strategies View Source39: MARA IT System Data Services Fort Lauderdale, Florida CleanSpark Technology, Information and Internet Henderson, Nevada Hut 8 Technology, Information and Internet Miami, Florida Bitfarms Computer Networking Products brossard, quebec Core Scientific IT Services and IT Consulting Austin, Texas HIVE Digital Technologies LTD Technology, Information and Internet Vancouver, British Columbia Compass Mining Technology, Information and Internet Denver, CO Cipher Mining IT Services and IT Consulting New York City, NY Argo Blockchain Technology, Information and Media London, England IREN Technology, Information and Internet Sydney, New South Wales View Source40: What Does Cleanspark Inc’s Profitability and Valuation Ratios Tell Us About the Stock? View Source41: The stock’s market cap achieved a total value of $4.51 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Cleanspark Inc (NASDAQ:CLSK) is 148.80. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 201.71. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 15.90 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 3.05, which equates the market value of a stock with its book value. View Source42: CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee View Source43: Tags CleanSpark Inc., CLSK, CLSK stock, NASDAQ:CLSK View Source44: CleanSpark, Inc. Overview Capital Markets / Financial Services View Source45: CleanSpark To Acquire Griid Infrastructure For $155 Mln View Source46: (RTTNews) - CleanSpark, Inc. (CLSK) Thursday announced an agreement to acquire bitcoin mining company Griid Infrastructure Inc. (GRDI) in an all-stock transaction valued at $155 million. View Source47: Simultaneously with the merger agreement, the two companies have also signed an exclusive hosting agreement for all available power, with 20 MW immediately allocated to CleanSpark. View Source48: Press Release Distributed by ABNewswire.com To view the original version on ABNewswire visit: CleanSpark to Acquire GRIID Infrastructure in a $155 Million All-Stock M&A Deal - InsideArbitrage View Source49: CleanSpark's CEO Zach Bradford expressed that the acquisition of the Griid pipeline is expected to enable the company to surpass 100 megawatts in Tennessee by the end of this year, with plans to reach 200 megawatts in 2025 and exceed 400 megawatts by 2026. View Source50: CleanSpark to Acquire GRIID Infrastructure in a $155 Million All-Stock M&A Deal – InsideArbitrage View Source51: CleanSpark Inc. (CLSK) entered into a merger agreement on June 27, 2024, to acquire GRIID Infrastructure Inc. (GRDI) in an all-stock deal valued at $155 million. View Source52: This merger agreement stipulates that GRIID stockholders will receive 0.0631 of a share of CleanSpark common stock at $1.01, representing a discount of 56.84% based on GRIID’s last close, and a 16.09% premium over the 30-day average of GRIID’s stock. View Source53: The companies also entered an exclusive hosting deal, under which CleanSpark will immediately get 20 MW of the currently available power from GRIID. View Source54: Through this deal, which is expected to close in the third quarter of 2024, CleanSpark expects to grow in Tennessee. View Source55: “We anticipate to exceed 100 megawatts in Tennessee by the end of 2024 and eventually grow that to 200 megawatts in 2025 before exceeding 400 megawatts in 2026”, CleanSpark’s CEO Zach Bradford said. View Source56: CleanSpark will assume GRIID’s outstanding debt and obligations in the merger. It has provided GRIID with a $5 million working capital loan, and a $50.9 million secured, senior pay-down bridge loan. GRIID’s current Price/Sales (TTM) ratio is 6.54, above the sector median of 2.98. View Source57: CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million View Source58: The cryptocurrency mining industry has been experiencing significant growth, driven by the rising value of digital currencies like bitcoin. However, it is also facing challenges related to high energy consumption and regulatory scrutiny. Companies like CleanSpark are focusing on sustainable mining practices to address these challenges and improve the environmental impact of mining activities. View Source59: CleanSpark, Inc.'s (NASDAQ:CLSK) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue? View Source60: Analysts Are Updating Their CleanSpark, Inc. (NASDAQ:CLSK) Estimates After Its Second-Quarter Results View Source61: CleanSpark Surpasses Analyst Revenue Forecasts with Record Q2 Financial Results View Source62: CleanSpark Second Quarter 2024 Earnings: EPS: US$0.59 (vs US$0.23 loss in 2Q 2023) View Source63: CleanSpark Names Chief Operating Officer and Chief Technology Officer View Source
CleanSpark Inc.'s expansion strategy from 2024 through 2026 focuses on significant infrastructure growth and strategic acquisitions to enhance its bitcoin mining capacity. The company plans to exceed 100 megawatts in Tennessee by the end of 2024, with further expansion to 200 megawatts in 2025 and over 400 megawatts by 2026 6465. This growth is bolstered by the acquisition of GRIID Infrastructure, which includes a merger valued at $155 million and the assumption of GRIID's existing debt and obligations 666768. Additionally, CleanSpark has acquired multiple bitcoin mining facilities in Georgia and Wyoming, adding substantial megawatt capacity and increasing its operational hashrate 697071. The company's focus on sustainable energy practices and advanced energy management solutions aims to optimize mining efficiency and reduce operational costs 7273.
64: CleanSpark's CEO Zach Bradford expressed that the acquisition of the Griid pipeline is expected to enable the company to surpass 100 megawatts in Tennessee by the end of this year, with plans to reach 200 megawatts in 2025 and exceed 400 megawatts by 2026. View Source65: “We anticipate to exceed 100 megawatts in Tennessee by the end of 2024 and eventually grow that to 200 megawatts in 2025 before exceeding 400 megawatts in 2026”, CleanSpark’s CEO Zach Bradford said. View Source66: CleanSpark Releases June 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024. PR Newswire • 22 days ago CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee CleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusi PR Newswire • 27 days ago CleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million. PR Newswire • last month CleanSpark Releases May 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2024. PR Newswire • last month CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing. PR Newswire • 2 months ago CleanSpark Reports Second Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET. PR Newswire • 2 months ago CleanSpark Names Chief Operating Officer and Chief Technology Officer CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. PR Newswire • 2 months ago CleanSpark Releases April 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending April 30, 2024. PR Newswire • 2 months ago CleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial Results CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal second quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 9, 2024. Results will be released after the close of regular trading on May 9, 2024. PR Newswire • 2 months ago CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has exceeded 17 exahashes per second (EH/s) of operating hashrate and has exercised its option to purchase 100,000 Bitmain S21 Pros, or 23.4 EH/s of machines. PR Newswire • 3 months ago CleanSpark Releases March 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2024. PR Newswire • 3 months ago CleanSpark Releases February 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending February 29, 2024. PR Newswire • 4 months ago CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). PR Newswire • 4 months ago CleanSpark Exceeds 14 EH/s as Sandersville Expansion Comes Online CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has finished energizing the first 100 MW of its expansion in Sandersville, Georgia, increasing its fleetwide operating hashrate to over 14 exahashes per second (EH/s). PR Newswire • 5 months ago CleanSpark Reports First Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended December 31, 2023. PR Newswire • 5 months ago CleanSpark Announces Two New Acquisitions, Securing Power and Infrastructure to Reach 20 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire three turnkey bitcoin mining facilities in Mississippi for a cash payment of $19.8 million. The purchase is expected to close within 21 days, with the operating hashrate at the combined facilities expected to reach 2.4 EH/s (exahashes per second) shortly after closing. PR Newswire • 5 months ago CleanSpark Releases January 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2024. PR Newswire • 5 months ago CleanSpark Executives to Discuss Fiscal First Quarter 2024 Financial Results Via Webcast CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal first quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, February 8, 2024. Results will be released after the close of regular trading on February 8, 2024. PR Newswire • 5 months ago Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023 December Co-Location Business Revenue increased 34% M/M December Self-Mining Business Revenue increased 27% M/M Completed second Co-Location Customer Deployment of ~6 MW and ~1,764 miners December Total Revenue of about $5.97 million, up 24% M/M PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023. Rahul Mewawalla, GlobeNewswire • 6 months ago CleanSpark Announces Strategic Agreement for up to 160,000 Bitmain S21 Miners, Path to 50 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the purchase of up to 160,000 Bitmain S21 miners, or the equivalent of 32 exahashes per second (EH/s). PR Newswire • 6 months ago View Source67: As part of the merger, CleanSpark will also take on all of Griid's existing debt and obligations. In addition, CleanSpark has provided Griid with a $5 million working capital loan and a pay-down bridge loan of around $50.9 million to fulfill specific obligations at signing. View Source68: CleanSpark will assume GRIID’s outstanding debt and obligations in the merger. It has provided GRIID with a $5 million working capital loan, and a $50.9 million secured, senior pay-down bridge loan. GRIID’s current Price/Sales (TTM) ratio is 6.54, above the sector median of 2.98. View Source69: CleanSpark Releases June 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024. PR Newswire • 22 days ago CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee CleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusi PR Newswire • 27 days ago CleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire five turnkey bitcoin mining facilities in rural Georgia for a cash payment of $25.8 million. PR Newswire • last month CleanSpark Releases May 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2024. PR Newswire • last month CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing. PR Newswire • 2 months ago CleanSpark Reports Second Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET. PR Newswire • 2 months ago CleanSpark Names Chief Operating Officer and Chief Technology Officer CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. PR Newswire • 2 months ago CleanSpark Releases April 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending April 30, 2024. PR Newswire • 2 months ago CleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial Results CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal second quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 9, 2024. Results will be released after the close of regular trading on May 9, 2024. PR Newswire • 2 months ago CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has exceeded 17 exahashes per second (EH/s) of operating hashrate and has exercised its option to purchase 100,000 Bitmain S21 Pros, or 23.4 EH/s of machines. PR Newswire • 3 months ago CleanSpark Releases March 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2024. PR Newswire • 3 months ago CleanSpark Releases February 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending February 29, 2024. PR Newswire • 4 months ago CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). PR Newswire • 4 months ago CleanSpark Exceeds 14 EH/s as Sandersville Expansion Comes Online CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has finished energizing the first 100 MW of its expansion in Sandersville, Georgia, increasing its fleetwide operating hashrate to over 14 exahashes per second (EH/s). PR Newswire • 5 months ago CleanSpark Reports First Quarter FY2024 Financial Results CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended December 31, 2023. PR Newswire • 5 months ago CleanSpark Announces Two New Acquisitions, Securing Power and Infrastructure to Reach 20 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire three turnkey bitcoin mining facilities in Mississippi for a cash payment of $19.8 million. The purchase is expected to close within 21 days, with the operating hashrate at the combined facilities expected to reach 2.4 EH/s (exahashes per second) shortly after closing. PR Newswire • 5 months ago CleanSpark Releases January 2024 Bitcoin Mining Update CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending January 31, 2024. PR Newswire • 5 months ago CleanSpark Executives to Discuss Fiscal First Quarter 2024 Financial Results Via Webcast CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal first quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, February 8, 2024. Results will be released after the close of regular trading on February 8, 2024. PR Newswire • 5 months ago Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023 December Co-Location Business Revenue increased 34% M/M December Self-Mining Business Revenue increased 27% M/M Completed second Co-Location Customer Deployment of ~6 MW and ~1,764 miners December Total Revenue of about $5.97 million, up 24% M/M PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023. Rahul Mewawalla, GlobeNewswire • 6 months ago CleanSpark Announces Strategic Agreement for up to 160,000 Bitmain S21 Miners, Path to 50 EH/s CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the purchase of up to 160,000 Bitmain S21 miners, or the equivalent of 32 exahashes per second (EH/s). PR Newswire • 6 months ago View Source70: CleanSpark Announces Acquisition of Five New Bitcoin Mining Facilities in Georgia, Adding 60 MW of Infrastructure View Source71: CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million View Source72: Expansion in Cryptocurrency Mining: GRIID Infrastructure is known for its advanced and efficient bitcoin mining operations. Acquiring GRIID will enable CleanSpark to scale its mining capacity and increase its share of mined bitcoins, enhancing revenue potential.Synergies: The integration of GRIID’s infrastructure with CleanSpark’s existing technologies is expected to create operational efficiencies and cost savings. CleanSpark’s expertise in energy management can optimize GRIID’s mining operations, reducing energy costs and improving profitability.Market Positioning: This acquisition strengthens CleanSpark’s position in the rapidly growing cryptocurrency sector, allowing it to capitalize on the increasing demand for bitcoin and other digital assets.Sustainability Goals: CleanSpark has been committed to sustainable and efficient energy use. GRIID Infrastructure’s operations, which focus on utilizing renewable energy for mining, align well with CleanSpark’s sustainability objectives. View Source73: The cryptocurrency mining industry has been experiencing significant growth, driven by the rising value of digital currencies like bitcoin. However, it is also facing challenges related to high energy consumption and regulatory scrutiny. Companies like CleanSpark are focusing on sustainable mining practices to address these challenges and improve the environmental impact of mining activities. View Source