#Cleanspark inc stock update#

In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions.

All statements other than statements of historical facts contained in this press release may be forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For more information about the Company, please visit the Company's website at. “This move strengthens our balance sheet and frees up working and human capital for our high-value, bitcoin mining business,” said Zach Bradford, CEO.ĬleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges.

Additionally, certain prepaid deposits are expected to be returned to CleanSpark. The agreement releases the Company from all liabilities related to its prior switchgear business, while retaining certain receivable rights from existing contracts. June daily BTC production reached a high of 12.1.ĬleanSpark is one step closer to being a pure play bitcoin miner after achieving the important milestone last month of exiting the switchgear business. Sales of BTC equated to proceeds of approximately $8.4 million. The Company fully funded growth and operations through the sale of 328 bitcoins in June 2022 at an average of approximately $25,644 per BTC. Currently deployed fleet of approximately 28,500 latest-generation bitcoin miners with a hashrate exceeding 2.8 EH/s.Total BTC converted for operations and growth in June: 328.Calendar year-to-date production ending June 30: 1863.

#Cleanspark inc stock update#

(Nasdaq: CLSK) (the 'Company' or 'CleanSpark'), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending June 30, 2022.īitcoin Production & Operations Update (unaudited) LAS VEGAS, J(GLOBE NEWSWIRE) - CleanSpark, Inc. Production hits all-time-high of 12.1 BTC per day hashrate increases 12% month-over-month