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CleanSpark Appoints Matt Schultz CEO
Prnewswire· 2025-08-11 11:02
Core Viewpoint - CleanSpark, Inc. has appointed Matt Schultz as the new CEO following the resignation of Zachary Bradford, aiming for stability and continuity during this leadership transition [1][3]. Group 1: Leadership Transition - Zachary Bradford has resigned as CEO and director of CleanSpark, effective immediately, with Matt Schultz stepping in as CEO [1]. - Schultz, a co-founder and former CEO, has been instrumental in the company's growth and capital raising efforts, making CleanSpark a leading bitcoin mining company in North America [2]. - Schultz emphasizes the importance of stability and continuity during this transition, while the board believes this change is timely to capture new opportunities [3]. Group 2: Company Strategy and Operations - CleanSpark reaffirms its strategic plans, focusing on continued execution as a global leader in bitcoin mining and further development of data centers [4]. - The company operates a portfolio of mining facilities across the U.S., leveraging competitive energy prices to optimize returns for shareholders [5]. - CleanSpark is positioned to capitalize on the intersection of bitcoin, energy, operational excellence, and capital stewardship [5].
X @Documenting ₿itcoin 📄
Bitcoin mines in Himalayan Mountains of Bhutan https://t.co/XLOLgzUg9N ...
IREN: Bright Future Ahead - Low-Cost Bitcoin Mining And AI Tailwinds
Seeking Alpha· 2025-08-09 06:41
Company Overview - IREN Limited (NASDAQ: IREN) has become one of the best-performing Bitcoin miners in 2023, with its stock increasing by 210% since April lows [1] - The company is transitioning from being a pure Bitcoin miner to a rapidly growing AI infrastructure disruptor [1] Performance Metrics - The stock performance of IREN Limited reflects significant growth, indicating strong market interest and potential investor confidence [1] Strategic Shift - IREN's shift towards AI infrastructure suggests a diversification strategy that may enhance its long-term growth prospects beyond Bitcoin mining [1]
X @CoinGecko
CoinGecko· 2025-08-08 09:54
3/ @CleanSpark_Inc, a $BTC mining company, reported adding 100+ BTC to its treasury in Q2 2025.With a total of 12,703 BTC valued at over $1B, it has overtaken Coinbase for the #8 spot.Notably, the firm accumulates Bitcoin via mining and accounts for 5.8% of global hashrate. ...
X @Documenting ₿itcoin 📄
New Record Global Bitcoin Mining Hashrate935,000,000,000,000,000,000x per second https://t.co/gM9b15YMAK ...
CleanSpark(CLSK) - 2025 Q3 - Earnings Call Transcript
2025-08-07 21:30
CleanSpark (CLSK) Q3 2025 Earnings Call August 07, 2025 04:30 PM ET Speaker0Good afternoon. My name is Jeannie, and I will be your conference operator today. At this time, I would like to welcome everyone to the CleanSpark Fiscal Year Third Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. Harry, you may begin your conference.Speaker1Thanks, Jeannie, and ...
X @The Block
The Block· 2025-08-07 13:15
UK-listed oil and gas firm eyes bitcoin mining at hydrocarbon site, considers BTC treasury strategy https://t.co/llCg6Mpd7l ...
Cipher Mining (CIFR) - 2025 Q2 - Earnings Call Transcript
2025-08-07 13:00
Cipher Mining (CIFR) Q2 2025 Earnings Call August 07, 2025 08:00 AM ET Speaker0Good day and thank you for standing by. Welcome to the Cipher Mining Second Quarter twenty twenty five Business Update Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question and answer session.I would now like to hand the conference over to your speaker today, Courtney Knight, Head of Investo ...
X @The Block
The Block· 2025-08-07 11:53
Bitcoin miner Greenidge to sell Mississippi facility for $3.9 million amid financial strain and Trump's latest tariff overhaul https://t.co/E0gV1H3wCM ...
IREN July 2025 Monthly Update
Globenewswire· 2025-08-06 11:47
Core Insights - IREN Limited reported record monthly revenue of $86 million and hardware profits of $66 million in July 2025, driven by strong Bitcoin mining economics and demand for AI Cloud services [7][5][11] Bitcoin Mining Performance - Average operating hashrate increased to 45.4 EH/s in July from 41.1 EH/s in June [4] - Total Bitcoin mined rose to 728 BTC in July, up from 620 BTC in June [4] - Revenue per Bitcoin mined increased to $114,891 from $105,730 [4] - Net electricity cost per Bitcoin mined was $27,976, compared to $26,259 in June [4] - Total revenue from Bitcoin mining reached $83.6 million, up from $65.5 million in June [4] - Hardware profit from Bitcoin mining was $63.3 million with a profit margin of 76%, slightly up from 75% in June [4] AI Cloud Services - Revenue from AI Cloud services was $2.3 million, a slight increase from $2.2 million in June [6] - Hardware profit for AI Cloud services was $2.3 million with a consistent profit margin of 98% [6] - The company expanded its AI Cloud capabilities with the addition of 2,400 NVIDIA B200/B300 GPUs and completed the initial shipment of B200 GPUs [5][11] Infrastructure and Growth Initiatives - The 50MW Horizon 1 liquid-cooled AI data center is on track for completion in Q4 2025 [5] - Mackenzie fiber upgrade has been completed, enhancing network redundancy and supporting AI Cloud growth [5][11] - Civil and electrical works for the 1,400MW Sweetwater 1 project are ongoing [5] Management Commentary - Management highlighted the adaptability of their infrastructure to run ASICs and GPUs side-by-side, capturing market opportunities [8] - The company is experiencing accelerating interest in newly procured Blackwell GPUs, with significant contracts already in place [8][11]