CleanSpark Executes 75 MW of Power Contracts and Completes Acquisition of Bitcoin Mining Site in Wyoming

Company Expansion and Operations - CleanSpark has executed 75 MW of power contracts and completed the acquisition of its first Bitcoin mining site in Wyoming, with a power capacity of 30 MW expected to add over 2 EH/s to the company's hashrate once operational [1] - The Cheyenne location will operate as a fully immersion-cooled site, deploying the all-new S21 immersion XPs, the most powerful and efficient generation of Bitcoin mining machines currently available [2] - CleanSpark is actively working to expand the available power at the Cheyenne site and is progressing on the close of the underlying real estate of a second site in Wyoming, which will bring an additional 45 MW online, expected to contribute an additional 3 EH/s to the company's hashrate [2] - The company's Bitcoin mining portfolio now includes twelve data centers in Georgia, three in Mississippi, one in Wyoming, and co-locations in Tennessee and New York [3] - CleanSpark expects to continue building upon the existing operational hashrate in Tennessee upon completion of the pending acquisition of GRIID Infrastructure [3] Industry and Regulatory Environment - The expansion in Wyoming aligns with the state's public support for the Bitcoin industry, following the University of Wyoming's launch of its Bitcoin Research Institute and Senator Lummis introducing the BITCOIN Act [4] - CleanSpark plans to grow its footprint beyond Cheyenne, throughout Wyoming, working with local, state, and national leaders [4] Company Overview - CleanSpark is America's Bitcoin Miner®, owning and operating multiple data centers that primarily run on low-carbon power, supporting Bitcoin as the world's most important digital commodity [5]