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CleanSpark to acquire Bitcoin mining company ATL Data Centers to generate lower energy costs

CleanSpark, Inc. (NASDAQ:CLSK) CEO Zach Bradford tells Proactive the renewable energy-focused group will acquire Bitcoin mining company ATL Data Centers for up to $19.4M in common stock.

Bradford explains how the group intends to increase profitability by expanding ATL Data Center's site capacity from 20 MW facility up to a 50 MW facility, and will then begin to add micro-grid assets. Bradford hopes this will create lower energy costs.

Quick facts: CleanSpark Inc

Price: 22.72 USD

NASDAQ:CLSK
Market: NASDAQ
Market Cap: $527.5 m
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