Bitcoin News
By Evie Vavasseur
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From Bitcoin Mining to AI Data Centers. CleanSpark recently announced its intention to redirect part of its electrical capacity and mining…
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50 Exahashes Per Second and 13,924 Bitcoin in Reserve. Meanwhile, the mining side is operational. CleanSpark produced 614 Bitcoin in early July, bringing…
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Wall Street Partially Convinced. Analysts have generally received the announcement well.
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CleanSpark makes a significant move. The Nasdaq-listed Bitcoin mining company has signed a 20-year infrastructure lease with a global tech firm — whose name remains confidential…
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The contract covers infrastructure capable of supporting 175 megawatts of critical computing load. In terms of numbers: $6.
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This is the biggest shift for CleanSpark since its inception.
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CleanSpark recently announced its intention to redirect part of its electrical capacity and mining infrastructure towards data centers for artificial intelligence.
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And there’s more. In parallel, the unnamed tenant has signed a letter of intent and an exclusivity agreement covering CleanSpark's entire Texas portfolio.
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But it's still a letter of intent. Not a contract. The distinction matters.
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Meanwhile, the mining side is operational. CleanSpark produced 614 Bitcoin in early July, bringing its operational hash rate to 50 exahashes per second — a record for the company.
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Cash reserves have climbed to 13,924 Bitcoin. It is one of the largest reserves among public miners.
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Read also: Bitcoin RSI Approaches Zero as Traders Anticipate Bear Market Floor in 2026
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So CleanSpark is playing on two fronts: mining Bitcoin, keeping it, and leasing its infrastructure to tech giants for AI.
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See also: CryptoQuant Flags Whale Accumulation and Profit Signals as Bitcoin Wobbles
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Analysts have generally received the announcement well. Citizens initiated coverage with an outperform rating and a price target of $27, highlighting the transition to…
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