CLSK - Mergers and acquisitions

LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company") today announced it has acquired two Bitcoin mining sites and associated land near Clinton, Mississippi, and closed on its second site in Wyoming. The Mississippi acquisitions have a combined purchase price of $5.775 million and will support a total of 16.5 MW. The sites are currently partially complete and the purchase price includes the cost to complete construction of the site infrastructure. The site will be delivered to the Company turnkey ready with an expecte

Initial 30 MW immersion-cooled data center expected to add over 2 EH/s to Company's hashrate in 2024 LAS VEGAS, Aug. 1, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® today announced it has executed 75 MW of power contracts and completed the acquisition of its first Bitcoin mining site in Wyoming. The first site, with a power capacity of 30 MW, is expected to add over 2 exahashes per second (EH/s) to CleanSpark's hashrate once operational. The Cheyenne location is planned to operate as a fully immersion-cooled site, becoming the second such facili

Operations have already commenced at the three facilities, with an expected hashrate of 2.4 EH/s once fully loaded with S21s LAS VEGAS, Feb. 27, 2024 /PRNewswire/ -- CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). "We are thrilled to start operating in Mississippi with our latest expansion. The teams have already racked miners, sending our

The machines, the most efficient to ever hit the market, are expected to start arriving in January 2024 CleanSpark's mining fleet is expected to average 23.5 joules per terahash (J/TH) once all machines are deployed LAS VEGAS, Oct. 11, 2023 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner™, today announced it has purchased 4.4 exahashes per second (EH/s) of the recently announced Antminer S21 bitcoin mining machines. The acquisition continues CleanSpark's track record as one of the largest, most efficient publicly traded bitcoin miners in North America. "

LAS VEGAS, Aug. 30, 2022 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today announced its bitcoin mining hashrate has exceeded 3 EH/s, tripling in less than a year.  Hashrate, which is the computing power available for processing transactions and securing the bitcoin blockchain, is one of the most important metrics for evaluating bitcoin mining companies. It ultimately determines how much bitcoin a company can mine.  CleanSpark's accelerated growth can be attributed to new partnerships and a strategic financial roadmap that has helped the company navigate current market conditions. The Company now has three fully owned and operated faci

LAS VEGAS, Aug. 09, 2022 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today announced it has entered into a definitive agreement to acquire an active bitcoin mining facility located in Washington, Georgia, for $16.2 million.  The Company has also purchased approximately 3,400 of the latest generation Antminer S19 series of machines for approximately $8.9 million. These machines, already operating at the acquired site, will add over 340 petahashes per second (PH/s) of computing power. The Company will fill the balance of the 36 MW with machines already paid for and on hand. The site has exclusive rights to an additional 50 MW of power, maki

LAS VEGAS, June 16, 2022 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), a sustainable bitcoin mining and energy technology company, today announced it has taken over an existing purchase contract for 1800 Antminer S19 XP units as it continues to expand its infrastructure. Once fully deployed, the machines are expected to add over 252 petahashes per second (PH/s) to the Company's bitcoin mining capacity.  Further, the company announced a partnership with TMGcore Inc., a global leader in the development, commercialization and deployment of high performance computing solutions, which includes ASIC mining applications, to expand its immersion-cooled infrastructure for su

SALT LAKE CITY, Aug. 10, 2021 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company" or "CleanSpark"), a clean Bitcoin mining and diversified software and services company, today announced that it has closed on its acquisition of an additional nearly 87,000 square foot data center in Norcross, Georgia, to substantially increase the Company's Bitcoin mining operation. CleanSpark's Newest 20MW Bitcoin Mining Facility Expected to Boost Total Daily Bitcoin Production to 18 BTC Per Day.The $6.55M purchase of the former Sprint/Nextel data center situated on over 7 acres in No

SALT LAKE CITY, Feb. 24, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software and services company, today announced that it has completed the strategic acquisition of Solar Watt Solutions, Inc. ("Solar Watt"), a Commercial and Residential Solar and Energy Storage Developer. Based on achievement of certain performance objectives, total consideration for the transaction will be up to 477,703 shares of the Company's common stock, and up to $3,850,000 in cash. Solar Watt is a Carlsbad, California based company, founded in 2009 by David Watt. Solar Watt provides solar and alternative energy solutions for homeowners and commercial businesses

SALT LAKE CITY, Feb. 12, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK)("the "Company"), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today reported results for the quarter ended December 31, 2020. The Company's form 10-Q and accompanying unaudited interim financial statements are available at www.sec.gov and the Company website at https://ir.cleanspark.com/sec-filings/ Bitcoin Mining Helps CleanSpark Realize 130% Revenue Improvement. Tweet this Financial Highlights CleanSpark more than doubled its comparable quarterly revenues, with quarterly revenue of $2.26 million, an increase of 130% from $0.98 million fo

SALT LAKE CITY, Dec. 10, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK)("CleanSpark" or the "Company"), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today announced it has agreed to acquire ATL Data Centers, LLC ("ATL") for up to $19.4 million in shares of the Company's common stock.   This transaction represents the first strategic acquisition as part of a larger growth plan following CleanSpark's recent $40M institutional investment. ATL creates a unique business opportunity as a full-scale, profitable demonstration facility for the Company. The property is currently served by two separate utility interconnections wit