Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.
Strengthens management team with $20B deal veteran supporting multi-gigawatt commercialization LAS VEGAS, June 4, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), a market-leading data center developer, today released its unaudited Bitcoin mining and operations update for the month ended May 31, 2026. "This May we strengthened our management team by adding R...
In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.
Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryptocurrency will fall below $60,000, which would mark a new low in 2026.
Seasoned Investment Banking Executive Brings Deep Sector Experience and Capital Markets Expertise to Support CleanSpark's Growth in AI Infrastructure LAS VEGAS, May 20, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), a market-leading data center developer, today announced the appointment of Ruben Sahakyan as Senior Vice President of Finance. Sahakyan has al...
CleanSpark, Inc. is attempting a partial pivot from Bitcoin mining to AI infrastructure amid the 2026 AI arms race. I remain unconvinced by CLSK's fundamentals despite a recent share price rally and reiterate my sell rating. CLSK's profitability is pressured by higher expenses and volatile revenues tied to weak bitcoin prices.
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