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 develops and operates digital infrastructure for bitcoin mining, AI, and high-performance computing across a U.S. portfolio of power, land, and data centers. Company updates frequently cover monthly bitcoin production, hashrate and utilization, power capacity under contract, data center campus expansion, and the use of mining cash flow to fund infrastructure development.
CleanSpark news also includes quarterly financial results, balance sheet actions, digital asset management, share repurchases, capital allocation, and AI compute infrastructure initiatives. Coverage may also include securities-market products linked to CLSK, such as single-stock leveraged ETFs launched by third-party fund sponsors.
Summary not available.
CleanSpark (Nasdaq: CLSK) announces CEO Zach Bradford will participate in the Water Tower Research Virtual Conference on July 14, 2021, at 11:30 AM EDT. The discussion will cover topics such as increasing Bitcoin mining hashrate, the effects of China's Bitcoin ban, and CleanSpark's carbon-neutral mining strategy. Additionally, Executive Chairman Matthew Schultz will present at the Renmark Virtual Roadshow on July 15, 2021, at 12:00 PM EDT. Interested investors can register for both events via the provided links.
CleanSpark has successfully launched a solar and storage microgrid project in San Diego that achieved a 75-80% reduction in monthly energy costs for its customer, WS Display, in the first month. The mPulse control system was approved by SDG&E for managing operations and exporting energy. The installation includes 1,200 solar panels and a 250KW Battery Energy Storage System. The project has not only contributed to substantial cost savings but also aligns with the goals of cleaner energy solutions.
CleanSpark (Nasdaq: CLSK) is expanding its Bitcoin mining operations with the appointment of Bernardo Schucman as Senior VP of its Atlanta center. Effective June 28, 2021, CleanSpark will join the Russell 2000 index, a significant milestone reflecting its growth. Schucman, a veteran in Bitcoin mining with over 20 years of tech experience, will lead the company’s initiatives. CleanSpark has exceeded 400 PH in hashrate capacity and mined over 341 Bitcoin since acquiring ATL Data Centers. The inclusion in the Russell 2000 allows access to a broader investor base, managing $10.6 trillion in assets.
CleanSpark, Inc. (Nasdaq: CLSK) announced participation in the Water Tower Research Virtual Conference on June 7, 2021, at 1:00 pm ET, featuring CEO Zach Bradford and Executive Chairman Matt Schultz. Key topics include recent partnership agreements and developments in energy and Bitcoin operations. The event will also discuss CleanSpark’s role in 'Think Microgrid'. Investors can register for the live event or access a replay. CleanSpark focuses on advanced software solutions and operates Bitcoin mining facilities in Georgia.
CleanSpark, Inc. (Nasdaq: CLSK) announced an expanded contract manufacturing agreement with Pioneer Power Solutions, Inc. (Nasdaq: PPSI) to enhance their collaboration through 2023. This agreement allows Pioneer to utilize CleanSpark's proprietary software, mPulse and GridFabric's OpenADR solutions, which will be integrated into Pioneer’s PowerBloc charging solution for electric vehicles (EVs). CleanSpark will also serve as a preferred distributor for PowerBloc. Additionally, CleanSpark has joined Think Microgrid, aimed at promoting legislative support for microgrid technology.
Pioneer Power Solutions has expanded its agreement with CleanSpark to utilize proprietary software for the new PowerBloc, designed for EV charging infrastructure. This innovation aligns with market demands for customizable power solutions. Additionally, the Board declared a special cash dividend of $0.12 per share, amounting to over $1 million in distributions. The developments signal a strategic shift towards the growing EV market.
CleanSpark (Nasdaq: CLSK) has signed a memorandum of understanding (MOU) with FlowGen Ltd. to incorporate CleanSpark's mPulse controls in FlowGen's global microgrid projects. The partnership grants CleanSpark exclusive rights to distribute FlowGen's advanced wind turbine solutions in North and South America. This collaboration aims to combine CleanSpark's software technologies with FlowGen's wind-centric solutions to deliver efficient microgrid systems. The partnership is expected to enhance both companies' competitiveness in the renewable energy market.
CleanSpark (Nasdaq: CLSK) announced the completion of a $4.71 million purchase of a six-acre property housing ATL Data Centers. This acquisition, finalized on May 20, 2021, allows CleanSpark to save over $50,000 monthly in rent, reducing operating expenses by more than 20%. The company plans to use the extra land for renewable energy sources, supporting its goal of carbon neutrality by 2022. CleanSpark's CEO emphasized that owning the property enhances its net-asset value and provides opportunities for expansion.
CleanSpark (Nasdaq: CLSK) announces a partnership with FAFCO to expand CoolPV operations in California's Malibu, Santa Barbara, and San Fernando Valley. The initiative aims to provide cost-effective renewable energy solutions for homeowners by installing solar and storage systems. CoolPV panels enhance energy generation by 20% and capture four times more solar energy compared to traditional systems, significantly reducing utility bills. This partnership aligns with the U.S. goal to halve carbon emissions by 2030, addressing rising demand for affordable residential energy solutions.