On January 6, 2024, CleanSpark, Inc., a Nevada-based corporation, entered into a significant agreement with Bitmain Technologies Delaware Limited to acquire up to 160,000 Bitmain S21 miners, equivalent to 32 exahashes per second (EH/s) of mining power. The initial purchase includes 60,000 miners at a net cost of $193 million, with deliveries expected to commence in April 2024. Additionally, CleanSpark has secured an option to buy up to 100,000 more miners at $320 million, exercisable until December 31, 2024. This strategic move aims to bolster CleanSpark's digital currency mining operations through its subsidiaries. The company issued a press release on January 8, 2024, to announce the purchase and the expected significant increase in its mining capacity, which could reach approximately 50 EH/s if the full option is exercised. This expansion is anticipated to position CleanSpark favorably for potential future bull markets in digital currency mining.

On January 6, 2024, CleanSpark, Inc., a Nevada-based corporation, entered into a significant agreement with Bitmain Technologies Delaware Limited to acquire up to 160,000 Bitmain S21 miners, equivalent to 32 exahashes per second (EH/s) of mining power. The initial purchase includes 60,000 miners at a net cost of $193 million, with deliveries expected to commence in April 2024. Additionally, CleanSpark has secured an option to buy up to 100,000 more miners at $320 million, exercisable until December 31, 2024. This strategic move aims to bolster CleanSpark's digital currency mining operations through its subsidiaries. The company issued a press release on January 8, 2024, to announce the purchase and the expected significant increase in its mining capacity, which could reach approximately 50 EH/s if the full option is exercised. This expansion is anticipated to position CleanSpark favorably for potential future bull markets in digital currency mining.