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Form 8-K · Current Report · Filed 2024-08-01

CleanSpark Expands Bitcoin Mining Capacity in Wyoming

On August 1, 2024, CleanSpark, Inc. announced the completion of its first Bitcoin mining site acquisition in Wyoming, with an initial power capacity of 30 MW, and the execution of 75 MW of power contracts. This acquisition and power contracts are expected to add over 5 exahashes per second (EH/s) to CleanSpark's total hashrate, with the first site expected to be operational by the end of 2024. The expansion includes an additional 45 MW power capacity at a second site in Wyoming.

Filer
Cleanspark Inc. CLSK · NASDAQ
Filed
Accession
0000950170-24-088986
CIK
0000827876
Signal
Low impactFinancial Services

Items reported

Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$16.00

Next session

-15.7%

Since filing

-14.2%

Latest close

$13.73

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CLSK reporting the same item, with the next session's move:

Exhibits (1)

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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