CleanSpark Enters Into Definitive Merger Agreement to Acquire GRIID Infrastructure For $155M; Enters Exclusive Hosting Agreement For All Currently Available Power

6/27/24 9:02:20 AM ET

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As a result of the transaction Cleanspark expects to add over 400 MW in Tennessee over the next 2 years

CleanSpark's total announced, planned, and owned capacity now sits at over 1 GW of premium infrastructure in support of America's rapidly advancing technological environment

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Recent Analyst Ratings for
$CLSK
$GRDI

Company	Date	Price Target	Rating	Analyst
CleanSpark Inc. $CLSK	9/25/2024	$20.00	Outperform	Macquarie
CleanSpark Inc. $CLSK	12/8/2023	$9.00 → $8.00	Overweight → Neutral	JP Morgan
CleanSpark Inc. $CLSK	10/31/2023	$5.30	Outperform	Bernstein
CleanSpark Inc. $CLSK	10/11/2023	$5.50	Overweight	JP Morgan
CleanSpark Inc. $CLSK	12/9/2022	$5.00	Overweight	Cantor Fitzgerald
CleanSpark Inc. $CLSK	7/26/2022	$6.00	Buy	H.C. Wainwright
CleanSpark Inc. $CLSK	6/3/2022	$12.00	Buy	Chardan Capital Markets
CleanSpark Inc. $CLSK	12/22/2021	$16.00	Buy	H.C. Wainwright

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CleanSpark Acquires Two Additional Sites in Mississippi and Closes Second Site in Wyoming
LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company") today announced it has acquired two Bitcoin mining sites and associated land near Clinton, Mississippi, and closed on its second site in Wyoming. The Mississippi acquisitions have a combined purchase price of $5.775 million and will support a total of 16.5 MW. The sites are currently partially complete and the purchase price includes the cost to complete construction of the site infrastructure. The site will be delivered to the Company turnkey ready with an expecte
9/17/24 9:00:00 AM ET
$CLSK
Finance: Consumer Services
Finance
CleanSpark Reports Third Quarter FY2024 Financial Results
FY2024 Third Quarter Revenue of $104.1 million, net loss of ($236.2) million and Adjusted EBITDA of ($12.7) million Revenue grows 129% year over year Current hashrate surpasses 22 EH/s Partners with Coinbase on $50 million line of credit LAS VEGAS, Aug. 9, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the three months ended June 30, 2024. "We had a tremendous quarter with a 24% increase in hashrate during the quarter and an 21% increase in efficiency year to date. We are also executing on
8/9/24 4:25:00 PM ET
$CLSK
Finance: Consumer Services
Finance
CleanSpark Announces New Date and Time of Third Quarter 2024 Financial Results Webcast
LAS VEGAS, Aug. 9, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® announced the new date and time for its fiscal third quarter 2024 financial results, now scheduled for today, August 9, 2024, at 4:30 PM ET / 1:30 PM PT. Webcast Information: To view the webcast, please click here. Conference Call Information:North America Toll-Free: (888) 330-2137International Toll: +1 (646) 960-0143Conference ID: 1382915 Downloadable files, including transcripts, will be available on the company website 48 hours after the event. About CleanSpark CleanSpark (NASDA
8/9/24 9:00:00 AM ET
$CLSK
Finance: Consumer Services
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Leadership Updates

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CleanSpark Names Chief Accounting Officer
Brian Carson was promoted from his previous role, director of financial reporting LAS VEGAS, Oct. 7, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), has announced the appointment of Brian Carson as chief accounting officer. In his prior role as director of financial reporting at CleanSpark, Carson led teams responsible for financial closing activities, report management, spend analysis, system-implementations, training, and auditing. He successfully maneuvered ever-changing rules in the cryptocurrency industry to ensure short- and
10/7/24 4:36:00 PM ET
$CLSK
Finance: Consumer Services
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CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee
As a result of the transaction Cleanspark expects to add over 400 MW in Tennessee over the next 2 years CleanSpark's total announced, planned, and owned capacity now sits at over 1 GW of premium infrastructure in support of America's rapidly advancing technological environment LAS VEGAS, June 27, 2024 (GLOBE NEWSWIRE) -- CleanSpark Inc. (NASDAQ:CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (NASDAQ:GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the
6/27/24 9:00:00 AM ET
$CLSK
$GRDI
Finance: Consumer Services
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Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023
December Co-Location Business Revenue increased 34% M/M December Self-Mining Business Revenue increased 27% M/M Completed second Co-Location Customer Deployment of ~6 MW and ~1,764 miners December Total Revenue of about $5.97 million, up 24% M/M PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure company, announced today its unaudited business and operational update for December 2023. Rahul Mewawalla, CEO and President, commented, "We are extremely pleased to deliver another robust month of significant revenue growth with 34% month-on-month revenue growth in our co-location business and 27%
1/16/24 8:45:27 AM ET
$CLSK
$MIGI
Finance: Consumer Services
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Clear Street Launches Equity Research Group
Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En
11/14/24 8:33:00 AM ET
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CleanSpark Announces Resumed Trading on Nasdaq of Common Stock
LAS VEGAS, Nov. 11, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today announced that trading of the Company's common stock on Nasdaq has resumed at 10:15am EST on November 11, 2024. The previously imposed trading halt by Nasdaq was due to a clerical error relating solely to the outstanding warrants. About CleanSparkCleanSpark (NASDAQ:CLSK) is America's Bitcoin Miner®. We own and operate multiple data centers that primarily run on low-carbon power. Our infrastructure responsibly supports Bitcoin, the world's most important digital commodity and an essential tool for financial independence and inclusion. We cultivate trust and transparency am
11/11/24 10:55:00 AM ET
$CLSK
Finance: Consumer Services
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CleanSpark Comments on Trading Halt Related to Clerical Warrant Conversion Error
No Change to Company's Business, Operations or Financial Statements LAS VEGAS, Nov. 8, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today addressed the trading halt imposed by Nasdaq following an issue relating to the calculation of the number of outstanding warrants (NASDAQ:CLSKW) (the "Warrants") and the number of shares underlying those Warrants. The trading halt is not the result of any issue associated with CleanSpark's business, operations, filings with the SEC, financial statements or securities. The Warrants were origi
11/8/24 10:01:00 AM ET
$CLSK
Finance: Consumer Services
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CleanSpark Enters Into Definitive Merger Agreement to Acquire GRIID Infrastructure For $155M; Enters Exclusive Hosting Agreement For All Currently Available Power

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Recent Analyst Ratings for $CLSK$GRDI

$CLSK$GRDI Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by CleanSpark Inc.

Amendment: SEC Form SC 13G/A filed by CleanSpark Inc.

$CLSK$GRDI Analyst Ratings

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Macquarie initiated coverage on CleanSpark with a new price target

CleanSpark downgraded by JP Morgan with a new price target

Bernstein initiated coverage on CleanSpark with a new price target

$CLSK$GRDI Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Director Shrier David L. returned 185,285 shares to the company, closing all direct ownership in the company (SEC Form 4)

Director Zaccagnino Tom returned 4,360,314 shares to the company, closing all direct ownership in the company (SEC Form 4)

Director Dolan Cristina returned 192,685 shares to the company, closing all direct ownership in the company (SEC Form 4)

$CLSK$GRDI Financials

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CleanSpark Acquires Two Additional Sites in Mississippi and Closes Second Site in Wyoming

CleanSpark Reports Third Quarter FY2024 Financial Results

CleanSpark Announces New Date and Time of Third Quarter 2024 Financial Results Webcast

$CLSK$GRDI Market Insights

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Shares of crypto-linked stocks are trading lower amid a drop in the price of Bitcoin.

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Shares of crypto-linked stocks are trading higher amid a rise in the price of Bitcoin.

$CLSK$GRDI SEC Filings

SEC Form 8-K filed by CleanSpark Inc.

SEC Form CERT filed by CleanSpark Inc.

SEC Form 15-12G filed by GRIID Infrastructure Inc.

$CLSK$GRDI Leadership Updates

Live Leadership Updates

CleanSpark Names Chief Accounting Officer

CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023

$CLSK$GRDI Press Releases

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Clear Street Launches Equity Research Group

CleanSpark Announces Resumed Trading on Nasdaq of Common Stock

CleanSpark Comments on Trading Halt Related to Clerical Warrant Conversion Error

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