CleanSpark secures $100M Bitcoin-backed credit facility
CleanSpark raises $100M via Two Prime Bitcoin-backed loan, expanding total collateralized lending to $400M. Funding to support Bitcoin mining hashrate, high-performance computing, and digital asset strategies. Shares dip 1.1% as…
Bitcoin miner CleanSpark hits milestone as hashrate exceeds 37 EH/s
Cleanspark targets 50 EH/s in first six months of 2025. The Bitcoin miner reached 37.5 EH/s in 2024, exceeding the projected hashrate amid expansion efforts. Bitcoin mining company CleanSpark has…
CleanSpark mined 493 Bitcoin in September
CleanSpark also increased its hashrate by 187% between September 30, 2023 and September, 30, 2024. Expansion and acquisitions are crucial for the organic growth. Bitcoin miner CleanSpark mined a total…
Bitcoin miner CleanSpark expands with first site acquisition in Wyoming
CleanSpark said in a press release on Thursday that it has acquired its first Bitcoin mining site in Wyoming. The company executed 75 megawatts of power contracts, with 30 MW…
CleanSpark acquires Bitcoin miner GRIID for $155 million
CleanSpark announced on June 27 that it had acquired GRIID Infrastructure, a US-based Bitcoin miner for $155 million. The company expects the all-stock deal to close in Q3, 2024 subject…
CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc…
Bitcoin miner stock CleanSpark has upside to $12, analyst says
H.C. Wainwright reiterates CleanSpark Inc its top pick for 2023. Analyst Mike Colonnese explained why in a research note today. CleanSpark stock is already up more than 50% for the…