CleanSpark Inc (NASDAQ:CLSK) told investors it has earned the 44th spot on the Financial Times' list of the 500 fastest-growing companies in the Americas.
The company said the list identifies the top 500 companies based in 20 North, Central and South American countries, ranked by revenue growth rate from 2017 to 2020.
An in-depth analysis was conducted by the Financial Times in partnership with Statista to determine which companies made the list. Winners were required to generate revenue of at least $100,000 in 2017 and $1.5 million in 2020.
READ: CleanSpark reports monthly production of 318 bitcoin in March 2022, while daily production reached a high of 10.57 in the month
"CleanSpark is a top bitcoin miner, not only in terms of our network strength and other bitcoin-specific metrics but also in terms of our financial strength,” CEO Zach Bradford said in a statement. “Accolades like this confirm what our team has known for a long time-we're making a name for ourselves as a leading North American sustainable bitcoin miner.”
CleanSpark noted that it has seen tremendous growth in its sustainable bitcoin mining operations. The company operates two bitcoin mining facilities in the Atlanta, Georgia, suburbs and co-locates machines in upstate New York. It also recently signed a contract for a 200MW co-location site in West Texas.
"This is a strong testament to the strength of our operational strategy,” executive chairman Matthew Schultz added. “It shows how being mindful of dilution, selective of energy, aggressive with technology and transparent with our partners and stakeholders can generate impressive results.”
Nevada-based CleanSpark is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges.
Contact the author at stephen.gunnion@proactiveinvestors.com