benzinga109d ago
Closes on Second Texas Campus, Adding 300 MW of ERCOT-Approved CapacityLAS VEGAS, March 5, 2026 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) ("CleanSpark" or the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended February 28, 2026. "In February, we meaningfully expanded our hyperscale-ready infrastructure platform with the closing of our second Texas campus, adding 300 megawatts of ERCOT-approved capacity to our contracted portfolio," said Matt Schultz, Chief Executive Officer and Chairman of CleanSpark. "This transaction strengthens our position as a scaled owner-operator of power-dense digital infrastructure in one of the most attractive power markets in North America. We are advancing our AI and high-performance compute initiatives while maintaining our focus on world-class operational excellence in bitcoin mining.""We run our balance sheet the same way we run our operations: with conviction. Over the past 18 months, we have repurchased 20% of our own shares because we believe in what we are building," Schultz continued. "We have a flexible treasury strategy, optimized by DAM, generating real cash flow. We allocate deliberately, growing the portfolio and evolving our offering simultaneously, not sequentially."Schultz concluded, "Our strategy remains consistent: generate predictable cash flow from disciplined mining operations today, monetize hyperscale-ready power and compute infrastructure through tenant-driven growth, and actively manage the balance sheet to preserve flexibility and amplify returns across cycles."February 2026 Bitcoin Mining Highlights (Unaudited)Production MetricsBitcoin produced568Peak single day bitcoin productionFull story available on Benzinga.com
