CleanSpark To Acquire Two Bitcoin Mining Locations In Wyoming, With 75 MW Of Available Power, For Cash Payment Of $18.75M
Portfolio Pulse from Benzinga Newsdesk
CleanSpark plans to acquire two Bitcoin mining locations in Wyoming for $18.75M, adding over 4 EH/s of mining capacity. The deal is expected to close in 45 days, with construction to begin shortly after.
May 09, 2024 | 8:01 pm
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CleanSpark's acquisition of two Bitcoin mining sites in Wyoming for $18.75M is expected to significantly increase its mining capacity by over 4 EH/s.
The acquisition directly increases CleanSpark's assets and operational capacity in the Bitcoin mining sector, likely leading to increased revenue and operational efficiency. This strategic expansion is expected to be viewed positively by investors, potentially driving up the stock price in the short term.
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