CleanSpark expands Bitcoin mining fleet with purchase of 3,853 latest generation machines

2022/11/01 13:15

According to StreetInsider, CleanSpark Inc. (Nasdaq: CLSK) (the “Company”), America’s Bitcoin Miner™, today announced it acquired 3,843 units of the Antminer S19J Pro Bitcoin mining machines for $5.9 million, or approximately $15.50 per terahash, bringing the total number of machines purchased by the Company since bear market conditions began to over 26,500.

“This most recent purchase demonstrates how CleanSpark continues to execute in distressed markets,” said Zach Bradford, CleanSpark CEO. “Our unwavering focus on sustainability has provided us with a strong balance sheet and operating strategy that has allowed us to acquire machines at incredible prices, grow our hashrate, and increase our daily Bitcoin production in anticipation of market conditions improving over the next several months.”

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