CleanSpark to buy two bitcoin mining sites for $9.3M

CleanSpark ( NASDAQ: CLSK ) has agreed to acquire two turnkey bitcoin ( BTC-USD ) mining facilities located in Dalton, Georgia, for $9.3M in an all-cash deal, the company said Wednesday. Shares of the BTC mining stock perked up 3.2% in premarket trading as bitcoin ( BTC-USD ) extended its rally, surging 8.3% to $29.02K. The two facilities are expected to add just under one exahash per second (EH/s) to the CleanSpark's ( CLSK ) hashrate shortly after the deal is slated to close later this week, it said. “This acquisition ensures that we have more than enough infrastructure to reach our year-end target of 16 EH/s," said CleanSpark CEO Zach Bradford. The sites will host a total of more than 6K Antminer S19 XPs and S19J Pro+s, all of which have been fully paid for by CLSK earlier this year. The deal demonstrates CleanSpark's ( CLSK ) drive to capitalize on the crypto-market downturn by purchasing machines at large discounts, for instance. In June, the company bought 12.5K new Antminer S19 XP bitcoin mining machines for $40.5M.