Welcome to our dedicated page for Cleanspark news (Ticker: CLSK), a resource for investors and traders seeking the latest updates and insights on Cleanspark stock.
CleanSpark, Inc. (Nasdaq: CLSK), known as America’s Bitcoin Miner®, generates frequent news through its Bitcoin mining operations, data center development projects, financing activities, and strategic evolution into AI and high-performance computing. This news page aggregates those updates so readers can follow how the company is deploying power, scaling hashrate, and expanding its digital infrastructure footprint.
Regular Bitcoin mining and operations updates provide detail on monthly production, operational hashrate, fleet efficiency, and power utilization. These releases also discuss growth initiatives such as new megawatts of data center capacity coming online, expansions at sites in places like Tennessee and Georgia, and progress on immersion-cooled facilities and hosting arrangements tied to acquisitions.
CleanSpark’s news flow also covers major development projects and corporate milestones. Recent announcements include rights to hundreds of acres of land in Texas and long-term power agreements intended to support dedicated AI data centers and next-generation data center campuses, as well as a definitive agreement to acquire land and transmission-level power capacity near Houston. These items highlight the company’s efforts to build large-scale, transmission-connected sites for AI and HPC workloads alongside Bitcoin mining.
Investors and observers will also find coverage of capital markets transactions and credit facilities, such as the company’s zero-coupon Convertible Senior Notes due 2032, share repurchases, and bitcoin-backed lending arrangements with institutional counterparties. Governance and regulatory updates, including changes to bylaws, codes of ethics, and risk factor disclosures related to diversification into data center development, are reported through SEC-related press releases.
By reviewing this news feed, readers can track CleanSpark’s operational performance, power portfolio growth, AI infrastructure initiatives, and key financial and governance developments over time.
CleanSpark, Inc. (Nasdaq: CLSK), known as America’s Bitcoin Miner™, will present its fiscal second quarter 2023 financial results on May 10, 2023, at 4:30 p.m. ET. This presentation will be accessible via a live webcast following the release of results after regular trading hours on the same day. CleanSpark emphasizes its commitment to sustainable energy solutions for Bitcoin mining, focusing on low-carbon energy sources. The company has received recognition on the Financial Times' list of the 500 Fastest Growing Companies in the Americas and Deloitte’s Fast 500.
CleanSpark (Nasdaq: CLSK), America’s Bitcoin Miner™, announced a significant purchase of 45,000 Antminer S19 XP units for $144.9 million. This acquisition is expected to enhance the company’s hashrate, increasing it by 95% to approximately 15.9 EH/s, nearing its year-end target of 16 EH/s. The machines will be delivered before September, aligning with ongoing expansions at its Sandersville, Georgia facility. Previously, in February, CleanSpark secured 20,000 units, adding another 2.44 EH/s. CEO Zach Bradford emphasized the strategic timing of these purchases in the current bear market, positioning CleanSpark as a leader in operational efficiency. The company primarily uses low-carbon energy and has demonstrated strong hashrate realization rates since January 2022.
CleanSpark, America’s Bitcoin Miner™, announced that its leadership team, including CEO Zach Bradford, Executive Chairman Matthew Schultz, and CFO Gary Vecchiarelli, will present at two significant conferences this spring. The first is the 2023 AIM Summit in London on April 14, where Bradford will discuss sustainable bitcoin mining. Schultz will also deliver a keynote on Bitcoin & the Future of Abundant Energy. The second event, the 18th Annual Needham Technology & Media Conference in New York, will take place from May 16-18. Interested investors can access the slide presentation on CleanSpark's website beginning May 16. As a leader in sustainable bitcoin mining, CleanSpark focuses on energy independence and low-carbon energy sources.
CleanSpark (Nasdaq: CLSK) reported 598 bitcoin mined in March 2023, bringing the total for the first quarter to 1,871 bitcoin, a 22% increase from the previous quarter. The company is progressing on its 50MW expansion in Washington, with plans for a hashrate increase to 8.7 EH/s shortly, reflecting its goal of 16 EH/s by year-end. CleanSpark converted 502 bitcoins for operations generating approximately $12.4 million at an average price of $24,800 per bitcoin. The Washington facility is set to leverage low-carbon energy, supporting sustainable bitcoin mining.
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