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The latest update is out from Cleanspark ( (CLSK) ).
CleanSpark Inc. has announced the acquisition of seven bitcoin mining facilities in Tennessee for $27.5 million, expanding its infrastructure and boosting its operational hashrate by 22 percent with an additional 5 EH/s. This strategic move is set to enhance the company’s presence in the region, leveraging Tennessee’s favorable political and energy landscape, similar to Georgia, where CleanSpark has heavily invested. The acquisition aligns with the company’s growth strategy and commitment to community-focused operations, further establishing CleanSpark as a leader in environmentally responsible Bitcoin mining.
See more data about CLSK stock on TipRanks’ Stock Analysis page.