M&A
confidence high
sentiment positive
materiality 0.70
CleanSpark acquires 5 Georgia bitcoin mining sites for $25.8M, adding 60 MW capacity
CLEANSPARK, INC.
- Five facilities totaling 60 MW purchased for $25.8M cash; closing immediate.
- Expected to lift operating hashrate to over 20 EH/s by end of June using existing hardware.
- Acquired sites anticipated to contribute >3.7 EH/s with S21 Pro miners installed.
- Company will operate over 400 MW in Georgia after Sandersville fully energized.
- Sites include interruptible PPAs enabling load balancing for local electric cooperatives.