By Sabela Ojea


CleanSpark Inc. said Friday it has signed a deal to buy one of Mawson Infrastructure Group Inc.'s turnkey bitcoin mining facilities, located in Georgia, for $33 million.

The bitcoin miner said it has also agreed to buy almost 6,468 application-specific integrated circuit (ASIC) machines from the operator of bitcoin mining facilities and digital asset infrastructure for $9.5 million.

The company added the deal with Mawson Infrastructure includes $26.5 million in cash and up to $11 million in CleanSpark shares, among other payments.


Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix


(END) Dow Jones Newswires

09-09-22 0826ET