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 Reports Strong Growth in Bitcoin Mining for September 2022
CleanSpark (Nasdaq: CLSK) announced a hashrate increase of 21% to 4.16 EH/s since August 2022. The company mined 448 bitcoins in September, marking a 132% year-over-year increase, pushing total mined this year to 3,090 bitcoins. Their HODL (Hold On for Dear Life) balance grew 13% to 594 bitcoins. The company sold 380 bitcoins at an average price of $19,783, generating approximately $7.5 million to fund operations and growth.
CleanSpark (Nasdaq: CLSK) has seen its bitcoin mining hashrate surge over 30% in less than a month, now exceeding 4 EH/s. The company aims to achieve a year-end guidance of 5 EH/s for 2022 and 22.4 EH/s for 2023, positioning itself among the largest publicly traded bitcoin miners. With a fourth facility set to be operational by early October, CleanSpark expects an additional 1.4 EH/s from this acquisition. It emphasizes low-carbon energy as a key component of its growth strategy.
Mawson Infrastructure Group (NASDAQ:MIGI) reported a total installed operational capacity of 3.7 Exahash at the end of August 2022. The company generated approximately $1.8 million from its Energy Market Program in August, matching July's revenue. Mawson produced a total of 170 Bitcoin in August, with 90 from self-mining and 80 via the Energy Market Program. The company is relocating miners from Georgia to Pennsylvania, focusing on high-margin operations. A sale of Georgia assets to CleanSpark (NASDAQ:CLSK) is expected to close in early October for up to $42.5 million.
CleanSpark, Inc. (Nasdaq: CLSK) announced that its Executive Chairman Matthew Schultz and CFO Gary Vecchiarelli will participate in investor conferences this September to discuss the company's financial strengths and recent acquisitions. The conferences include:
- H.C. Wainwright 24th Annual Global Investment Conference on September 13
- BTIG Future of Digital Assets Conference on September 19
- B. Riley Securities 2nd Annual Crypto Conference on September 29
Mawson Infrastructure Group (MIGI) has announced a deal to sell its Sandersville, Georgia Bitcoin Mining Facility and 6,468 ASIC miners to CleanSpark (CLSK) for up to $42.5 million. The sale includes approximately $33 million for the facility and $9.48 million for the miners. Proceeds will be used to reduce debt and expand mining operations in Pennsylvania, where Mawson has 220 megawatts of energy capacity. The transaction is expected to close in early October, pending customary conditions. Mawson aims to operate at 12.0 Exahash across its various sites.
CleanSpark, Inc. (Nasdaq: CLSK) announced an acquisition of Mawson Infrastructure Group Inc.'s bitcoin mining facility in Sandersville, Georgia, for up to $33 million. This facility, with current capacity of 80 MW, is expected to enhance CleanSpark's hashrate by up to 7.0 EH/s by the end of 2023. The deal includes the purchase of 6,468 ASIC miners for approximately $9.5 million. CleanSpark aims to expand its operations in Georgia, capitalizing on favorable conditions in the state.
CleanSpark (NASDAQ: CLSK) has announced a significant expansion in its bitcoin mining capacity through a purchase agreement with Cryptech Solutions. The company is acquiring 10,000 Antminer S19j Pro units for $28 million, adding 1 EH/s to its current hashrate of 3.8 EH/s. This purchase was made at a substantially discounted price compared to earlier this year, enabling CleanSpark to optimize its investments during challenging market conditions. The units are expected to be delivered by late October or early November 2022.
CleanSpark, Inc. (CLSK) reported substantial growth in its bitcoin mining operations for August 2022, achieving a hashrate of 3.4 EH/s, up 19% from July 2022. The company mined 395 bitcoins in August, a 109% increase year-over-year. Year-to-date, it has mined 2,642 bitcoins and holds a total of 526 BTC. CleanSpark's operational growth is supported by the sale of 388 BTC for approximately $8.9 million. The company also welcomed new VP of Mining Technology, Taylor Monnig, to enhance its operations.
CleanSpark (NASDAQ: CLSK), a leading Bitcoin miner, reported a significant increase in its hashrate, now exceeding 3 EH/s, tripling in under a year. This growth is attributed to strategic partnerships and a robust financial roadmap. The company operates three facilities with over 31,000 mining machines, achieving a daily production peak of 13.25 bitcoins. Recent acquisitions include a facility in Washington, expected to add 1.1 EH/s, and discounted mining machines that boosted capacity by 93 PH/s. CleanSpark is now ranked among the top five Bitcoin miners in North America.
CleanSpark, Inc. (Nasdaq: CLSK) has successfully completed the acquisition of a bitcoin mining facility in Washington, Georgia, ahead of schedule. This site will add approximately 2.6 EH/s to CleanSpark’s hashrate. The facility, powered predominantly by carbon-free energy, plans to energize 3,400 on-site machines soon, with an additional 8,283 machines arriving shortly. The move aligns with CleanSpark's commitment to sustainable bitcoin mining and is expected to create around 20 local jobs. An open house for the community is scheduled for September 8.