CleanSpark (CLSK) Stock Skyrockets on Bitcoin’s Record Rally and $200M Credit Boost
Company Background & Core Operations CleanSpark began in 2012 as a microgrid and renewable energy tech company. It sold “BlockBox DC” modular microgrids (solar arrays with battery/storage and backup generators) for commercial and military clients finimize.com. Since 2020, it has pivoted sharply into Bitcoin mining: acquiring data centers and mining equipment to become a pure-play miner gurufocus.com finimize.com. Today CleanSpark owns/operates dozens of mining sites (in Tennessee, Georgia, etc.) running only on competitive energy sources. It also retains an energy division: roughly one-third of revenue comes from legacy microgrid projects and software, while two-thirds from Bitcoin mining and sales finimize.com.