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CleanSparkCleanSpark(US:CLSK) CoinDeskยท2025-08-19 14:35

Company Performance - CleanSpark achieved 50 EH/s installed capacity [2] - CleanSpark manages a $680 million convertible bond [1] - CleanSpark has over 1 gigawatt (GW) power under contract [2] - Strong cash flow drives strategic optionality for CleanSpark [1][2] Leadership & Strategy - CleanSpark experienced a CEO transition, with Matt Schultz taking over from Zach Bradford after 6 years [1][2] - CleanSpark maintains a pure-play mining strategy, contrasting with the industry's pivot to HPC/AI [1] - CleanSpark optimizes fleet efficiency and power portfolio [1] Financial Strategy - CleanSpark raised a $680 million convertible bond in December [2] - CleanSpark utilizes a Coinbase credit line for tactical moves [2]