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CleanSpark Releases May 2026 Operational Update
CleanSpark Releases May 2026 Operational Update
About this update from Cleanspark, Inc.
Strengthens management team with $20B deal veteran supporting multi-gigawatt commercializationLAS 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 Ruben Sahakyan to bolster our AI data center financing capabilities as we progress commercialization efforts in Sandersville and Texas," said CEO and Chairman Matt Schultz. "In parallel, we continue to develop our power pipeline, add high-impact talent across the entire organization, and operate best-in-class bitcoin mining data centers across the country."Hiring of Ruben Sahakyan as Senior Vice President of FinanceCleanSpark has appointed Ruben Sahakyan as SVP of Finance to oversee Capital Markets, Financial Planning & Analysis, and M&A functions. Sahakyan joined the Company from Keefe, Bruyette & Woods, where he served as Managing Director and Co-Head of Digital Assets & Infrastructure Investment Banking. With more than 15 years of experience and over $20 billion in advisory transactions across digital assets, infrastructure, and fintech, he brings deep expertise to CleanSpark as the Company scales toward becoming a multi-gigawatt AI and digital infrastructure platform.May 2026 Bitcoin Mining Highlights (Unaudited)Production MetricsBitcoin produced 671Peak single day bitcoin production 23.16Average daily bitcoin production21.66CY2026 bitcoin produced3,110Fleet MetricsOperational Hashrate150.0 EH/sAverage operating hashrate 46.2 EH/sPeak efficiency of deployed fleet16.07 J/ThDeployed fleet as of May 31224,473Power Portfolio MetricsGW under contract21.8 GWUtilized MW3808 MWBitcoin Treasury ActivityTotal bitcoin holdings as of April 3013,453Bitcoin produced671Bitcoin sold at spot(404)Bitcoin sold pursuant to call exercises(250)Total bitcoin holdings as of May 31413,470Average price per bitcoin sold5$79,9341Operational Hashrate refers to the highest hashrate historically achieved concurrently by all installed and functional miners that were: properly racked and configured, supported by energized infrastructure, and capable of actively contributing to our mining pool or directly to the Bitcoin network.2GW under contract includes all contracted power capacity for wholly o...