10:03 AM EDT, 06/18/2024 (MT Newswires) -- CleanSpark ( CLSK ) said Tuesday it has signed agreements to buy five bitcoin mining facilities in rural Georgia for $25.8 million.

The combined facilities' hashrate will exceed 3.7 exahashes per second after installing the latest S21 Pro miners, the company said. The acquisition is expected to close immediately.

The agreements include the purchase of mining data centers and equipment, excluding the miners, and the assumption of property leases and power agreements by the company.

Shares of CleanSpark ( CLSK ) were down 1.5% in recent Tuesday trading.

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