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 (NASDAQ: CLSK) has appointed Amanda Cavaleri to its board of directors. Cavaleri, with extensive experience in policy and advocacy, is expected to enhance the company’s governance amid increasing regulatory scrutiny. As CEO of a mining site leveraging stranded energy, her insights into sustainable bitcoin mining align with CleanSpark's mission. Executive Chairman Matthew Schultz and CEO Zach Bradford highlight her unique qualifications and anticipate her contributions to the company’s growth strategy, particularly in energy-efficient mining practices.
CleanSpark Inc. (Nasdaq: CLSK), known for its sustainable Bitcoin mining practices, will present its fiscal full year and fourth quarter 2022 financial results during a live webcast at 4:30 p.m. EST on December 14, 2022. The results will be published after market close on the same day. CleanSpark, recognized as one of America's Best Small Companies by Forbes, has focused on creating a low-carbon energy infrastructure for Bitcoin mining while promoting financial independence. More information, including downloadable files and transcripts, will be available on their investor relations website.
CleanSpark Inc. (Nasdaq: CLSK) announced its recognition as the 13th fastest-growing technology company on Deloitte's 2022 Technology Fast 500™ List, reflecting substantial revenue growth from 2018 to 2021. The company has expanded its operations to four bitcoin mining campuses in Georgia, deploying over 54,000 mining machines and achieving a hashrate exceeding 5.1 EH/s, representing over 1.5% of the global hashrate. CleanSpark employs innovative cooling technology and was among the first to sell mined Bitcoin for operational funding, positioning itself as a leader in the sustainable Bitcoin mining sector.
Mawson Infrastructure Group reported strong Q3 2022 results with $28.3 million in revenue, a 160% increase compared to Q3 2021. The company's gross profit rose to $10.1 million, up 20%, while non-GAAP EBITDA soared to $8.8 million, reflecting a 203% growth. Mawson sold its Georgia facility to CleanSpark Inc for approximately $40 million, expected to yield a $18 million profit. The company continues to expand its Pennsylvania facilities, aiming for an operational capacity of 8.0 Exahash by late 2023.
CleanSpark Inc. (Nasdaq: CLSK) announced a record 532 bitcoin mined in October, marking a 19% increase from September. The company's total bitcoin mined for 2022 is now 3,622. CleanSpark also reported a 20% increase in hashrate for two consecutive months, and currently operates with about 54,000 miners and a hashrate of 5.1 EH/s. In October, 836 bitcoins were sold at an average of $19,340 each, resulting in proceeds of approximately $16.1 million. The company continues to emphasize its commitment to sustainable energy and infrastructure.
CleanSpark (NASDAQ: CLSK) has acquired 3,843 Antminer S19J Pro bitcoin mining machines for $5.9 million, raising its total machines purchased to over 26,500 since bear market conditions began in June. This acquisition reflects the company's strategy to capitalize on distressed market conditions. CleanSpark's CEO, Zach Bradford, highlighted their commitment to sustainability and a strong balance sheet, which positions them favorably for anticipated market improvements. The company aims to achieve a year-end guidance of 22.4 EH/s, enhancing its status as a leading bitcoin mining firm.
CleanSpark (NASDAQ: CLSK) announced a 150% increase in its bitcoin mining hashrate, exceeding 5 EH/s, and updated its year-end hashrate guidance to 5.5 EH/s, surpassing its previous target by over 60 days. The surge in hashrate is attributed to the acquisition of additional facilities and improved operational efficiency. The company operates with about 50,000 mining machines and has a daily production high of 19.2 bitcoin. It expects to achieve a hashrate of 22.4 EH/s by the end of 2023, positioning itself among the largest public bitcoin miners globally.
CleanSpark Inc. (Nasdaq: CLSK) will host investors and analysts at its bitcoin mining campuses in Atlanta, Georgia, on November 3, starting at 9:30 a.m. ET. The event will include presentations from senior management, covering the company’s growth opportunities and corporate strategy for low-carbon bitcoin mining. Attendees will tour the facilities and engage in a Q&A session. Additionally, an open house for local dignitaries and media is scheduled for November 2 at the Norcross campus. CleanSpark has received accolades, including being recognized as a Forbes 2022 America's Best Small Company.
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) reported an operational update for September 2022, highlighting a total Bitcoin production of 203, with 102 from self-mining and 101 from its Energy Market Program, generating approximately $2 million in revenue. The company’s installed operational capacity reached 3.7 Exahash. Additionally, the sale of its Georgia facility to CleanSpark Inc. (NASDAQ:CLSK) is expected to yield an unaudited profit of about $18 million, reinforcing Mawson's focus on expanding its Pennsylvania operations.
CleanSpark has completed the acquisition of Mawson Infrastructure Group’s bitcoin mining facility in Georgia, effective October 8, adding 560 PH/s to its hashrate, now over 4.7 EH/s. This site is projected to contribute an additional 1 EH/s by year-end, with a total planned capacity of 230 MW. CleanSpark emphasizes its commitment to low-carbon energy, operating with over 90% renewable sources. Mawson received approximately $34.3 million, including shares of CleanSpark common stock, and a potential earn-out of $2 million.