By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Bitcoin Miner CleanSpark Raises $200M
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Bitcoin > Bitcoin Miner CleanSpark Raises $200M
Bitcoin

Bitcoin Miner CleanSpark Raises $200M

Shayne Heffernan Ph.D.
Last updated: March 16, 2021 1:09 am
Shayne Heffernan Ph.D.
Share
3 Min Read
SHARE

CleanSpark, Inc. (Nasdaq: CLSK) (“CleanSpark”), a diversified software, services, and bitcoin mining company, today announced the pricing of its previously announced underwritten public offering of 9,090,910 shares of common stock at a public offering price of $22.00 per share.

H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.

The gross proceeds are expected to be approximately $200 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.  The offering is expected to close on or about March 18, 2021, subject to satisfaction of customary closing conditions.

CleanSpark intends to use the net proceeds from the offering for working capital and general corporate purposes, including infrastructure expansion, the acquisition of additional cryptocurrency miners and further development of its mVoult product lines, as well as acquisitions or strategic investments in complimentary businesses, products, services or technologies.

An automatic shelf registration statement on Form S-3 (File No. 333-254290) relating to the securities being offered was filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 15, 2021, which became effective upon filing.  The offering is being made only by means of a prospectus supplement and accompanying prospectus that form a part of the automatic shelf registration statement.  Copies of the final prospectus supplement and accompanying prospectus relating to the proposed offering, when available, may be obtained from H.C. Wainwright & Co., LLC, 430 Park Avenue, New York, NY 10022, by email at [email protected] or by phone at (646) 975-6996.  Before you invest, you should read the final prospectus supplement and accompanying prospectus and the other documents that CleanSpark has filed with the SEC for more complete information about CleanSpark and the proposed offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About CleanSpark:

CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges.  CleanSpark has a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions.  CleanSpark’s offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, custom hardware solutions, microgrid installation and implementation services, traditional data center services and software consulting services.

The Company and its subsidiaries also own and operate a fleet of Bitcoin miners at its facility outside of Atlanta, Georgia.

You Might Also Like

Knightsbridge: Pioneering a Corporate Currency Revolution

Specific Parts of the Donald Trump Bill Upsetting Elon Musk

Still a Strong Buy $BABA

Top U.S.-Listed Bitcoin Companies $BMNR $MARA $RIOT $CIFR $CORZ $COIN

Saudi Red Sea: A Rising Star in Luxury Tourism

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Shayne Heffernan Ph.D.
Follow:
Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
Previous Article AstraZeneca COVID-19 Vaccine a Disaster in Europe
Next Article Tuesday’s World Stock Markets: Asia-Pacific


Latest News

Larry Fink Says Tokenized Assets Are Coming, and Knightsbridge Is Ready
Education Forex Gold Headline News KXCO Guide Opinion Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments Stocks Strategy USD June 3, 2025
shayne heffernan bitcoin
Why You Must Own Bitcoin
Bitcoin Featured Headline News KXCO Guide Most Popular Opinion Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments Strategy Todays Trade Ideas May 31, 2025
Prada Launches New Bangkok Showpiece
Art Fashion Headline News Lifestyle Lifestyles of the RIch and Famous Living Luxury Shayne Heffernan May 30, 2025
Knightsbridge Boosts Nvidia Target to $200 $NVDA
AI Headline News KXCO Guide Nasdaq Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments Stocks Strategy Todays Trade Ideas US Stocks May 30, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?