other material
confidence high
sentiment neutral
materiality 0.55
CleanSpark and Coinmint mutually agree to non-renew colocation agreement for up to 50 MW
CLEANSPARK, INC.
- Agreement dated July 1, 2021, as amended, will not be renewed and expires January 1, 2025.
- Coinmint provided colocation services at its Massena, NY facility for CleanSpark's bitcoin miners.
- Colocation covered up to 50 MW of electric power for CleanSpark's mining equipment.
- Non-renewal is mutual; no termination fee or penalty disclosed.