CleanSpark, Inc. completed the acquisition of Three Turnkey Bitcoin Mining Facilities in Mississippi for $19.8 million.
February 25, 2024
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CleanSpark, Inc. (NasdaqCM:CLSK) entered into definitive agreement to acquire Three Turnkey Bitcoin Mining Facilities in Mississippi for $19.8 million on February 6, 2024. Concurrently, CleanSpark has entered into definitive agreement to acquire a third mining facility which is under construction in Dalton, GA, for an initial cash payment of $3.4 million. The transaction is expected to close within 21 days.
CleanSpark, Inc. (NasdaqCM:CLSK) completed the acquisition of Three Turnkey Bitcoin Mining Facilities in Mississippi on February 26, 2024.
CleanSpark, Inc. is a bitcoin mining company. The Company independently owns and operates approximately eight data centers in Georgia for a total developed capacity of 230 megawatts (MW). The Company is engaged in developing an additional 150 MW at its data center in Sandersville, Georgia. It does not host miners for any other companies, and has a partner in Massena, New York, who hosts approximately 50 MW for the Company. It operates around bitcoin mining machines, with a hash rate capacity of approximately 15 Exa hashes per second (EH/s) and a fleetwide efficiency of 28.4 joules per tera hash (J/TH). The Company's subsidiaries include ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, CSRE Properties Norcross, LLC, CSRE Property Management Company, LLC, CSRE Properties, LLC, CSRE Properties Washington, LLC, CSRE Properties Dalton, LLC, and CleanSpark HQ, LLC.