Cleanspark Inc.
CleanSpark Acquires Land and Power Supply Agreements for Texas Data Center Expansion
Summary
On October 29, 2025, CleanSpark, Inc. announced the acquisition of approximately 271 acres of land and long-term power supply agreements totaling 285 megawatts in Austin County, Texas. This acquisition positions CleanSpark to develop a next-generation data center campus to meet the increasing demand for AI, cloud, and enterprise workloads. The company paid a combination of cash and shares at closing, with additional cash consideration contingent on post-closing events. This strategic move is part of CleanSpark's diversification into high-performance compute and AI infrastructure, expanding beyond its core bitcoin mining operations.
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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.
Official SEC Documents
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