Cleanspark Inc.
CleanSpark Announces Acquisition of 16.5 MW Bitcoin Mining Facility in Mississippi
Summary
CleanSpark, Inc. announced the acquisition of 16.5 megawatts of bitcoin mining facilities in Clinton, Mississippi, for a total purchase price of up to $5,775,000. The acquisition includes the purchase of 100% of the membership interests in Clinton16.5, LLC, and approximately 88 acres of real property. The transaction was announced in a press release on September 17, 2024. The new facility is expected to be completed by December 1, 2024, and will increase CleanSpark's operational capacity in Mississippi to 60.5 MW.
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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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