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CleanSpark Inc. (Nasdaq: CLSK) is a leading Bitcoin mining company powering operations through sustainable energy solutions. This page provides investors and stakeholders with centralized access to official announcements, financial disclosures, and strategic developments.
Track CLSK's operational milestones including mining capacity expansions, energy efficiency improvements, and sustainability initiatives. Stay informed through verified updates on quarterly earnings, technology deployments, and regulatory compliance matters relevant to cryptocurrency mining operations.
Key content includes facility expansions, hashrate achievements, energy partnerships, and market positioning updates. All materials are sourced directly from company communications to ensure accuracy and timeliness.
Bookmark this page for streamlined access to CleanSpark's evolving role in sustainable Bitcoin mining. Check regularly for updates on operational efficiency benchmarks and strategic responses to cryptocurrency market dynamics.
CleanSpark (Nasdaq: CLSK) acquired rights to ~271 acres in Austin County, Texas, and executed long-term power supply agreements totaling 285 MW, increasing power under contract by 28%.
The site is on a regional fiber backbone, near natural gas pipelines for potential behind-the-meter generation. CleanSpark paid a mix of cash and common stock at closing with additional cash contingent on post-closing events. Phased development begins immediately, with energization of >200 MW expected in H1 2027.
CleanSpark (Nasdaq: CLSK) announced a strategic collaboration with Submer to evaluate development of AI-focused data center campuses in North America. The partnership combines CleanSpark's U.S. power and land assets with Submer's liquid-cooling and modular data-center technology to deliver scalable, energy-efficient AI capacity.
Key disclosed metrics include an existing portfolio of more than 1 GW and a pipeline of more than 2 GW. The companies are working under a non-binding framework and said they aim to conclude definitive agreements in the coming weeks.
CleanSpark (Nasdaq: CLSK) announced on October 20, 2025 the hire of Jeffrey Thomas as Senior Vice President of AI Data Centers as the company expands beyond pure-play bitcoin mining into AI data center infrastructure.
The company said Thomas brings 40+ years of global experience and has participated in 19 ventures that created $12 billion in shareholder value; he previously led Humain's multi‑billion AI data center program in Saudi Arabia. CleanSpark plans to leverage its vertically integrated infrastructure model and rapid site development track record to convert and expand sites, naming Georgia (College Park) as a strategic region where it has contracted additional power and real estate to pursue high‑value compute and giga‑campus opportunities.
CleanSpark (Nasdaq: CLSK) released its unaudited September 2025 mining update, reporting a 13,011 BTC treasury as of Sept 30, 2025 and year‑over‑year increases of +27% monthly production and +26% fleet efficiency. Operational hashrate reached 50.0 EH/s (average 45.6 EH/s) with deployed fleet of 241,934 miners. September production was 629 BTC (avg daily 20.95; peak day 21.71). CleanSpark executed financing milestones: a $650M 0% convertible note, ~$400M bitcoin‑backed credit capacity, and a $145M share buyback program.
The company closed the GRIID acquisition and noted 2,583 BTC posted as collateral.
CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner, has secured a new $100 million Bitcoin-backed credit facility with Two Prime, expanding its total collateralized lending facilities to $400 million. The non-dilutive financing will support the company's data center growth, Bitcoin mining hashrate deployment, and Digital Asset Management strategies.
The company currently holds a treasury balance of nearly 13,000 bitcoin and plans to utilize this financing for maximizing current megawatts, developing high-performance compute campuses, and expanding its digital asset operations. CleanSpark's management emphasizes strong cash flow position and ability to rapidly pay down debt, with the total credit capacity remaining largely undrawn.
CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner, has secured an additional $100 million in Bitcoin-backed credit capacity from Coinbase Prime (Nasdaq: COIN). The non-dilutive financing will support strategic capital expenditures, including expanding CleanSpark's energy portfolio, scaling Bitcoin mining operations, and investing in high-performance computing (HPC) capabilities.
The company plans to optimize its data centers near major metro centers through potential development of high-performance compute campuses. This expansion aligns with CleanSpark's 'Infrastructure First' strategy and aims to enhance shareholder value through diversified compute opportunities.
CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, has announced significant leadership changes to strengthen its executive team. Gary A. Vecchiarelli has been appointed as President while retaining his CFO role, overseeing financial strategy and operational excellence. Scott Garrison transitions to Chief Development Officer and EVP, focusing on infrastructure expansion and strategic development. Taylor Monnig assumes the dual role of COO and CTO, while Harry Sudock becomes Chief Business Officer.
These internal promotions aim to accelerate innovation, drive diversified growth, and enhance the company's strategy in Bitcoin mining and power infrastructure development. CEO Matt Schultz emphasized that these appointments reflect the organization's commitment to maximizing megawatt monetization through Bitcoin mining and beyond.
CleanSpark (NASDAQ:CLSK), America's Bitcoin Miner®, has released its unaudited Bitcoin mining update for August 2025. The company achieved significant operational milestones, producing 657 Bitcoin with an average daily production of 21.20 BTC. CleanSpark's treasury now holds 12,827 BTC, with 3,026 posted as collateral.
The company maintained strong operational performance with an average operating hashrate of 43.3 EH/s and a peak operational hashrate of 50.0 EH/s. The deployed fleet consists of 242,222 miners, achieving a peak efficiency of 16.07 J/Th. During August, CleanSpark sold 533.5 BTC at an average price of $113,800, generating $60.7 million in proceeds.
CleanSpark (NASDAQ:CLSK), America's Bitcoin Miner®, has announced a significant leadership change with co-founder and Executive Chairman Matt Schultz appointed as CEO, effective immediately. This follows the resignation of Zachary Bradford from his positions as CEO and director.
Schultz, who previously served as CEO and helped found the company in 2014, was instrumental in raising billions in capital for the company's bitcoin mining business growth. The company's existing management team will remain in place, and CleanSpark has reaffirmed its strategic plans announced in their recent earnings report, with a continued focus on bitcoin mining leadership and data center development.
CleanSpark (NASDAQ:CLSK), America's Bitcoin Miner®, reported exceptional Q3 2025 financial results with quarterly revenue of $198.6 million, up 91% year-over-year. The company achieved a significant net income of $257.4 million, translating to $0.90 basic EPS.
Key operational milestones include reaching 50 EH/s of operational hashrate in June, managing 5.8% of global hashrate, and securing over 1 GW of power under contract. The company's bitcoin treasury grew to 12,703 BTC, valued at over $1.08 billion, achieved without equity offerings since November 2024.
The balance sheet shows total assets of $3.1 billion, with $2.14 billion in stockholders' equity and $933.3 million in working capital. The company also launched its Digital Asset Management team's derivatives strategy, showing promising early returns.
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