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.
On April 15, 2021, CleanSpark (Nasdaq: CLSK) announced contracts for 22,680 Bitcoin miners, enhancing its capacity to 3.2 EH/s. This includes securing 7,200 S19 Pro Antminers from Bitmain and 15,480 from an equipment dealer. Deliveries commence in August 2021, aimed at achieving over 1.1 EH/s by summer and supporting future growth. The company emphasizes its commitment to sustainability, with its Atlanta facility expected to use 95% carbon-free energy. CEO Zach Bradford highlighted the strategic importance of these contracts for long-term expansion and operational efficiency.
Pioneer Power Solutions, Inc. (Nasdaq: PPSI) announced a $1.1 million order for a custom power generation system from a major retailer, expanding its footprint. This order, facilitated through CleanSpark, Inc. (Nasdaq: CLSK), includes Automatic Transfer Switches and is expected to be delivered by year-end 2021. The company reported a 34% increase in its T&D Solutions backlog, rising from $7.6 million to $10.2 million year-over-year. CEO Nathan Mazurek expressed optimism for record sales in 2021 and highlights the expanding market for distributed generation among retailers.
CleanSpark, Inc. (Nasdaq: CLSK) has ordered 4,778 Bitmain S19 Bitcoin mining rigs, enhancing its capacity by an estimated 740 PH/s. The first 1,298 units will deploy in summer 2021, with subsequent shipments scheduled monthly from November. CleanSpark's energy mix has achieved 95% carbon-free status, and it aims to increase this to over 98% by replacing coal power with renewable sources. The company plans to install onsite renewable microgrids for sustainability. Its current mining operations in Atlanta process about 315 PH/s, with a target of reaching 1.0 to 1.3 EH/s by late summer 2021.
CleanSpark (Nasdaq: CLSK) has secured over 50 new contracts, amounting to over $1.7 million, shortly after acquiring Solar Watt Solutions. Most contracts focus on California's Self Generation Incentive Program (SGIP), which aids homeowners in acquiring energy storage systems. This initiative positions CleanSpark to provide reliable power solutions amidst utility disruptions. The company reports a ten-fold increase in residential inquiries, indicating strong market interest.
CleanSpark, Inc. (Nasdaq: CLSK) has successfully closed an underwritten public offering of 9,090,910 shares of common stock at a price of $22.00 per share, generating approximately $200 million in gross proceeds. The funds will be used for working capital, infrastructure expansion, and acquisitions related to cryptocurrency mining and technology development. The automatic shelf registration statement was filed with the SEC on March 15, 2021. H.C. Wainwright & Co. managed the offering and legal counsel was provided by Katten Muchin Rosenman LLP.
CleanSpark, Inc. (Nasdaq: CLSK) has announced a public offering of 9,090,910 shares of common stock priced at $22.00 each, aiming to raise approximately $200 million before commissions and expenses. The offering, led by H.C. Wainwright & Co., is set to close around March 18, 2021. CleanSpark plans to utilize the funds for working capital, infrastructure expansion, acquiring additional cryptocurrency miners, and enhancing its mVoult product lines. The registration statement for this offering was filed with the SEC on March 15, 2021.
On March 15, 2021, CleanSpark (Nasdaq: CLSK) announced an underwritten public offering of its common stock, aimed at raising capital for expansion. The offering is subject to market conditions and may not proceed as planned. Proceeds will be used for working capital, infrastructure expansion, acquiring additional cryptocurrency miners, and developing mVoult product lines. H.C. Wainwright & Co. acts as the book-running manager. An automatic shelf registration statement with the SEC has been filed, enabling the offering.
CleanSpark, Inc. (Nasdaq: CLSK) announced the acquisition of 1,150 additional Bitcoin miners, boosting its hash rate capacity by 100 PH/s, scheduled for delivery in June 2021. This brings the total miners secured to 3,650, equating to 318 PH/s, aiming for a total of 633 PH/s. CEO Zach Bradford emphasized growth towards a target of 1.3 EH/s. CleanSpark aims to maintain the lowest energy cost for Bitcoin mining, leveraging power purchase agreements and microgrid energy solutions.
CleanSpark, Inc. (Nasdaq: CLSK) announced the acquisition of 2,500 additional ASIC mining rigs, expected to enhance its Bitcoin mining hash rate by 218 PH/s. With anticipated delivery in June and July 2021, the total hash rate will rise to approximately 533 PH/s. The company is focused on sustainable energy solutions, ensuring electricity at $0.0285/kwh. CEO Zach Bradford emphasized plans for increased capacity reaching between 1 to 1.3 EH/s this summer, underscoring the importance of low-cost, clean energy in the industry.
CleanSpark (Nasdaq: CLSK) has completed the acquisition of Solar Watt Solutions, a solar and energy storage developer based in California. The deal could involve up to 477,703 shares and $3.85 million in cash, depending on performance objectives. This acquisition is anticipated to enhance CleanSpark's residential initiative, with expectations of contributing approximately $20 million in revenue over the next 12 to 18 months. Solar Watt's experience and existing contracts will bolster CleanSpark's position in the California residential microgrid market.
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