Cleanspark Inc.
CleanSpark Announces Acquisition of Seven Bitcoin Mining Facilities in Tennessee
Summary
CleanSpark, Inc. has entered into definitive agreements to acquire seven bitcoin mining facilities in Tennessee for a total cash payment of $27.5 million. This acquisition is expected to add over 85 megawatts of immediately available capacity and increase the Company's hashrate by over 22%. The Company anticipates closing at each of the sites on or before September 25, 2024. A press release was issued on September 11, 2024, disclosing this material event under Regulation FD.
Profitelligence Alerts
Get alerts for CLSK
Be first to know when Cleanspark Inc. files with the SEC.
Filing Categories
Exhibits (5)
Advertisement
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.
Official SEC Documents
Advertisement