CleanSpark announces business evolution to include AI compute

CleanSpark (CLSK) announced the appointment of Jeffrey Thomas as Senior Vice President of AI Data Centers. As Senior Vice President of AI Data Centers, Thomas will lead CleanSpark’s strategy to expand beyond bitcoin mining by developing and operating advanced AI data center infrastructure. This strategic evolution will diversify the company’s revenue streams, strengthen long-term cash flow potential, and enhance its ability to serve the world’s leading technology companies. “CleanSpark’s expansion into AI data center infrastructure builds on its proven, vertically integrated “infrastructure-first” model, leveraging large-scale bitcoin mining expertise to unlock value across its land and power portfolio. The Company’s strong track record in rapid site development positions it to capitalize on accelerating demand for digital infrastructure driven by the rise of AI and compute-intensive applications,” the company said.