Cleanspark Inc.
CleanSpark Announces Acquisition of Five Bitcoin Mining Facilities in Georgia
Summary
On June 17, 2024, CleanSpark, Inc. entered into definitive agreements to acquire five bitcoin mining facilities in Georgia for a total of $25.8 million. The acquisition, which includes the purchase of mining data centers and the assumption of underlying real property leases and power agreements, is expected to close immediately and increase the company's operating hashrate to over 20 EH/s by the end of the month.
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About Cleanspark Inc.
Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.
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