- CleanSpark will full the $9.3 million all-cash deal for the 2 turnkey Bitcoin mining services this week.
- The services in Dalton, Georgia, will host 6,000 Antminer S19 XPs and S19J Professional+ rigs.
- CleanSpark CEO Zach Bradford says the deal places the miner on observe to succeed in its year-end hashrate goal of 16 EH/s
CleanSpark (NASDAQ: CLSK), one of many largest Bitcoin mining companies on this planet, has introduced the acquisition of two BTC mining campuses in Dalton, Georgia.
The corporate stated in a press release that it had struck a definitive settlement to buy the 2 turnkey services for $9.3 million, an all-cash deal anticipated to shut later this week.
CleanSpark targets 16 EH/s by finish of 12 months
In keeping with the miner, the 2 campuses are set to host over 6,000 Antminer S19 XPs and S19J Professional+s, and can see the mining big add just below 1 exahashes per second (EH/s) to its hashrate.
“This acquisition ensures that now we have greater than sufficient infrastructure to succeed in our year-end goal of 16 EH/s. It additionally continues to place us as one of the power-efficient miners on an energy-per-hashrate foundation,” Zach Bradford, CEO of CleanSpark, stated in an announcement.
CleanSpark’s newest buy provides to a number of earlier buys and acquisitions secured over the previous a number of months. After buying 20,000 Antminer S19j Professional+ machines for $43.6 million in February, the corporate added 45,000 Antminer S19 XP models value $144.9 million in April. In Could, it purchased 12,500 Antminer S19 XP rigs.
CLSK traded at $4.86, up 10% on the day on Wednesday. The crypto inventory has rallied greater than 140% in 2023 and analysts count on it to succeed in $12.