Welcome to our dedicated page for Cleanspark news (Ticker: CLSK), a resource for investors and traders seeking the latest updates and insights on Cleanspark stock.
CleanSpark, Inc. (Nasdaq: CLSK), known as America’s Bitcoin Miner®, generates frequent news through its Bitcoin mining operations, data center development projects, financing activities, and strategic evolution into AI and high-performance computing. This news page aggregates those updates so readers can follow how the company is deploying power, scaling hashrate, and expanding its digital infrastructure footprint.
Regular Bitcoin mining and operations updates provide detail on monthly production, operational hashrate, fleet efficiency, and power utilization. These releases also discuss growth initiatives such as new megawatts of data center capacity coming online, expansions at sites in places like Tennessee and Georgia, and progress on immersion-cooled facilities and hosting arrangements tied to acquisitions.
CleanSpark’s news flow also covers major development projects and corporate milestones. Recent announcements include rights to hundreds of acres of land in Texas and long-term power agreements intended to support dedicated AI data centers and next-generation data center campuses, as well as a definitive agreement to acquire land and transmission-level power capacity near Houston. These items highlight the company’s efforts to build large-scale, transmission-connected sites for AI and HPC workloads alongside Bitcoin mining.
Investors and observers will also find coverage of capital markets transactions and credit facilities, such as the company’s zero-coupon Convertible Senior Notes due 2032, share repurchases, and bitcoin-backed lending arrangements with institutional counterparties. Governance and regulatory updates, including changes to bylaws, codes of ethics, and risk factor disclosures related to diversification into data center development, are reported through SEC-related press releases.
By reviewing this news feed, readers can track CleanSpark’s operational performance, power portfolio growth, AI infrastructure initiatives, and key financial and governance developments over time.
CleanSpark, Inc. (Nasdaq: CLSK) reported first-quarter revenues of $27.8 million, a 25% decline from $37.1 million in the prior year. The company faced a net loss of $(29.0 million), down from a $14.5 million profit in the same quarter last year. Adjusted EBITDA also decreased to ($1.4 million) from $25.1 million year-over-year. However, the company mined a record 1,531 Bitcoin, a 132% increase year-over-year. Despite challenges, CleanSpark experienced a 6% sequential revenue increase and reduced its debt by 8% in the fourth quarter. The company aims for a year-end guidance of 16 EH/s hash rate.
CleanSpark, Inc. (CLSK) reported a record of 697 bitcoins mined in January 2023, marking a 50% increase compared to December and a 129% rise year-over-year. The company’s total bitcoin holdings grew by 32% to 301 BTC. They achieved 98% uptime across all mining sites, demonstrating operational reliability. The company sold 624 bitcoins at an average price of $19K per BTC, generating approximately $11.9 million in proceeds. CleanSpark continues to focus on sustainable energy practices, positioning itself as a leader in the Bitcoin mining sector.
CleanSpark, Inc. (Nasdaq: CLSK), known as America's Bitcoin Miner™, is set to discuss its fiscal first quarter 2023 financial results during a live webcast on February 9, 2023, at 4:30 p.m. EST. Results will be released after the market's close on the same day. The company, which focuses on sustainable Bitcoin mining, is recognized for its commitment to low-carbon energy sources and has achieved notable growth, ranking 44th on the Financial Times' 2022 list of 500 Fastest Growing Companies in the Americas. For more details, visit CleanSpark Investor Relations.
CleanSpark (NASDAQ: CLSK) has announced a nearly $16 million expansion of its bitcoin mining facility in Washington, Georgia, which is expected to be completed by late spring. This will enable the Company to accommodate up to 16,000 miners, increasing its hashrate to approximately 8.7 EH/s. The expansion will add between 1.6 to 2.2 exahashes per second of computing power, representing a 25% to 34% boost from the current 6.5 EH/s. CleanSpark's mining operations focus on renewable energy sources, and the new phase aims to further solidify its position as a leading bitcoin miner in North America.
CleanSpark, known as America’s Bitcoin Miner™, has achieved the Great Place to Work® certification after a companywide employee survey revealed that approximately 97% of employees consider it a great workplace. CEO Zach Bradford attributes this recognition to the company’s dedication to fostering a supportive culture. Employee feedback highlighted the company's fairness, development opportunities, and overall positive work environment. Recent initiatives include financial preparedness seminars and generous benefits, which enhance employee satisfaction and retention.
CleanSpark, Inc. (CLSK) reported a significant increase in bitcoin production for 2022, mining a total of 4,621 bitcoins, representing a 200% increase from the previous year. In December alone, the company mined 464 bitcoins, achieving a daily high of 22 bitcoins. Despite a slight decrease in production in December due to winter storm Elliot, operations resumed rapidly. As of December 31, CleanSpark held 228 bitcoins and generated $8.7 million in revenues from the sale of 517 bitcoins.
CleanSpark Inc. (Nasdaq: CLSK) reported a significant achievement as its bitcoin mining hashrate reached 6 EH/s, marking a three-fold increase within one year. This milestone enables the company to meet its revised 2022 guidance. CEO Zach Bradford highlighted that the growth was partly due to the early relocation of machines from Mawson and emphasized the operational team’s efforts in challenging conditions. CleanSpark operates four mining campuses in Georgia and aims to expand its hashrate to 16 EH/s by the end of 2023.
Mawson Infrastructure Group (NASDAQ:MIGI) reports an operational capacity of approximately 2.5 Exahash by the end of November, driven by Bitcoin Self-Mining and Hosting Co-location. In November, the company generated about $1.6 million from its Energy Market Program, totaling $9.9 million for 2022. The November Bitcoin production equaled 124 BTC, including 34 self-mined BTC. Mawson has initiated expansion plans for its Pennsylvania facilities, targeting a capacity increase to 4.5 Exahash by Q1 2023 and 8.0 Exahash by Q4 2023.
CleanSpark (CLSK) reported its fiscal year 2022 results showing a 235% revenue increase to $131.5 million but also a net loss of $(57.3 million. Adjusted EBITDA surged 487% to $65.7 million. In Q4 alone, revenue was $26.2 million, a 14% rise year-over-year, but the net loss was $(42.3 million), marking a 683% increase from the prior year. Mining operations reached a hashrate of 5.8 EH/s with a daily production of 21.7 BTC. The company revised its 2023 guidance amidst challenges from a partnership delay with Lancium.
CleanSpark, Inc. (Nasdaq: CLSK) reported a 5.5 EH/s hashrate, exceeding its year-end guidance with a 320% increase from last year. In November, the company mined 535 BTC, bringing the year-to-date total to 4,157 BTC. CleanSpark's operations included the sale of 544 BTC for approximately $9.4 million. The company focuses on efficiency and plans for an expansion with an additional 50 MW at its Georgia site. As of November 30, CleanSpark held 281 BTC.