CleanSpark Acquires Two Additional Sites In Mississippi At A Combined Purchase Price Of $5.775M And Will Support A Total Of 16.5 MW, Closes Second Site In Wyoming
Portfolio Pulse from Benzinga Newsdesk
CleanSpark Inc. has acquired two Bitcoin mining sites in Mississippi for $5.775 million, adding 16.5 MW to its capacity. The sites will be operational by December 2024, increasing CleanSpark's data center portfolio in Mississippi to 60.5 MW.
September 17, 2024 | 1:03 pm
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CleanSpark Inc. has acquired two new Bitcoin mining sites in Mississippi for $5.775 million, which will add 16.5 MW to its capacity. This expansion is expected to enhance CleanSpark's operational capacity and market position in the Bitcoin mining industry.
The acquisition of new sites in Mississippi significantly increases CleanSpark's mining capacity, which is likely to enhance its operational efficiency and market position. This expansion aligns with the company's growth strategy in the Bitcoin mining sector, potentially leading to positive investor sentiment and a short-term increase in stock price.
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