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), America's Bitcoin Miner®, has announced a change in the date and time for its fiscal third quarter 2024 financial results webcast. The new schedule is set for August 9, 2024, at 4:30 PM ET / 1:30 PM PT. Interested parties can access the webcast through a provided link. For those preferring a conference call, North American participants can use the toll-free number (888) 330-2137, while international callers should dial +1 (646) 960-0143. The conference ID is 1382915. CleanSpark will make downloadable files, including transcripts, available on their company website 48 hours after the event.
CleanSpark (Nasdaq: CLSK), a major Bitcoin mining company in America, announced the postponement of its fiscal third-quarter 2024 financial results webcast. Originally scheduled for August 8, 2024, at 4:30 PM ET, this event has been delayed. The company plans to release an updated time and webcast details at a later date.
CleanSpark Inc. (Nasdaq: CLSK) released its unaudited bitcoin mining update for July 2024. The company mined 494 bitcoin during the month, bringing its total holdings to 7,082 bitcoin. CleanSpark's month-end operating hashrate reached 21.2 EH/s with a deployed fleet of 160,900 miners.
The company made significant progress in expanding operations, securing 75 MW of power agreements in Wyoming and closing its first Bitcoin mining site in the state. In Tennessee, CleanSpark began hashing under agreements with GRIID infrastructure Inc., adding 1 EH/s of additional hashrate. The company is progressing towards its target of 32 EH/s by the end of 2024.
CleanSpark's expansion plans include a 15 MW expansion in Dalton, expected to be operational by early September 2024, adding approximately 0.9 EH/s to its hashrate.
CleanSpark Inc. (Nasdaq: CLSK) has announced the execution of 75 MW of power contracts and the completion of its first Bitcoin mining site acquisition in Wyoming. The initial 30 MW immersion-cooled data center is expected to add over 2 EH/s to the Company's hashrate in 2024. CleanSpark plans to deploy the S21 immersion XPs, the most powerful and efficient Bitcoin mining machines available. The company is also progressing on a second site in Wyoming, which will bring an additional 45 MW online, contributing an estimated 3 EH/s to the hashrate. This expansion marks CleanSpark's entry into its third state, with existing operations in Georgia, Mississippi, Tennessee, and New York.
CleanSpark Inc. (Nasdaq: CLSK), known as America's Bitcoin Miner®, has announced that it will discuss its fiscal third quarter 2024 financial results via a live webcast on Thursday, August 8, 2024, at 4:30 p.m. EST/ 1:30 p.m. PST. The company will release its results after the close of regular trading on the same day. Interested parties can access the webcast through a provided link. For those who prefer a conference call, North America Toll-Free and International Toll numbers are available, along with a Conference ID. CleanSpark will make downloadable files, including transcripts, available on their company website 48 hours after the event.
CleanSpark, a prominent Bitcoin miner, announced its June 2024 operational updates. The company mined 445 bitcoins, raising its total to 3,614 for 2024. Its hashrate exceeded the mid-year target, reaching over 20 EH/s, doubling since December. This achievement followed the acquisition of five mining sites in Georgia, adding 60 MW of infrastructure. The new sites include unique power purchase agreements, aiding utility providers. CleanSpark sold 8.06 bitcoins in June at an average price of $67,514 per bitcoin. The company also completed phases of its Dalton expansion, expected to reach 2.4 EH/s by September 2024.
CleanSpark announced the acquisition of five bitcoin mining facilities in Georgia for $25.8 million. These sites, with a total capacity of 60 MW, are expected to boost the company's operating hashrate to over 20 EH/s using newly purchased hardware. The facilities, ranging from 8 MW to 15 MW, will provide load balancing for local electric cooperatives. This acquisition aligns with CleanSpark's strategic growth plan, aiming for nearly 1 GW of new opportunities. The company currently manages 300 MW in Georgia, with plans to surpass 400 MW after the new sites and Sandersville project are operational. CEO Zach Bradford emphasized the importance of this milestone in scaling efficiently and sustainably.
CleanSpark, a prominent Bitcoin miner, reported mining 417 bitcoins in May 2024, reaching a total holding of 6,154 bitcoins. The company achieved a significant milestone with a hashrate of nearly 18 exahashes per second and an efficiency of 23.05 joules per terahash. This performance exceeds pre-halving levels and industry expectations. CleanSpark sold 2.43 bitcoins in May at an average price of $59,000 each. The company is also expanding its Dalton facility, which will eventually contribute 2.4 EH/s to its total hashrate. CEO Zach Bradford highlighted the company's growth and upcoming acquisitions, including a new site in Wyoming.
CleanSpark Inc. (Nasdaq: CLSK) is set to acquire two bitcoin mining sites in Wyoming with 75 MW of available power for $18.75 million, expected to add over four exahashes per second once fully operational. The agreement includes the potential to expand the sites by an additional 55 MW, marking Wyoming as the third state in the Company's portfolio of bitcoin mining facilities. CleanSpark aims to deploy the most powerful and efficient bitcoin mining machines for this expansion, continuing its growth strategy towards 50 EH/s.
CleanSpark, Inc. reported remarkable FY2024 second-quarter financial results, including revenue of $111.8 million and net income of $126.7 million. Adjusted EBITDA stood at $181.8 million, with revenue growing 163% YoY. The company's current hashrate exceeded 17 EH/s, positioning them as a top industry operator. CleanSpark also highlighted their expansion efforts, increased operational capacity, and new facilities in Mississippi and Georgia. With a strong financial position, $700 million in cash and bitcoin, and virtually no debt, CleanSpark is well-prepared to capitalize on opportunities in the market.