CleanSpark Q3 Earnings | Why I'm so bullish 🚀 episode artwork

EPISODE · Aug 10, 2022 · 10 MIN

CleanSpark Q3 Earnings | Why I'm so bullish 🚀

from ElBlanco Finance · host ElBlanco

CleanSpark just released its Q3 financial results. Today we go over the quarter's financials, discuss CLSK's new Waha Technologies acquisition, and talk all things valuation.    🚀  Want to see what growth stocks I'm buying? Consider joining the VIP Membership Group (Discord) today! ► https://elblancofinance.com/  "In line with our strategy to make CleanSpark a top five publicly traded miner, today we announced two transformative matters," said Zach Bradford , Chief Executive Officer. "Foremost, we have entered into an asset purchase agreement for the acquisition of a third wholly owned facility, located in Washington, GA. This new facility has 86MW of total capacity, 36MW of which is online and available immediately. An additional 50MW is expected to be available in 2023. We are also announcing that CleanSpark is formally selling its energy business assets. We are now a pure play bitcoin miner. These two announcements represent the closing of one chapter and the opening of another, and I look forward to where our strategic direction is taking us."  CleanSpark announced it has entered into a definitive agreement to acquire an active bitcoin mining facility located in Washington, Georgia, for $16.2 million.

Episode metadata supplied by the publisher feed · Published Aug 10, 2022

Embed this episode

NOW PLAYING

CleanSpark Q3 Earnings | Why I'm so bullish 🚀

0:00 10:14

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of ElBlanco Finance?

This episode is 10 minutes long.

When was this ElBlanco Finance episode published?

This episode was published on August 10, 2022.

Can I download this ElBlanco Finance episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!