CleanSpark Shares Rise 13% After Bitcoin Miner’s AI Expansion

, By Cointelegraph
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Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence.

CleanSpark, the fifth-largest Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price”>BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential.

To lead the initiative, the company appointed Jeffrey Thomas as senior vice president of AI data centers, CleanSpark data-ct-non-breakable=”null” href=”https://investors.cleanspark.com/news/news-details/2025/CleanSpark-Announces-Business-Evolution-from-Pure-Play-Bitcoin-Miner-to-Include-AI-Compute-Hires-Industry-Veteran-Jeffrey-Thomas-as-SVP-of-AI-Data-Centers/default.aspx” rel=”noopener nofollow” target=”_blank”>announced on Monday.

Thomas…



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CleanSpark Shares Rise 13% After Bitcoin Miner’s AI Expansion

, Published By Cointelegraph
Blockchain


Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence.

CleanSpark, the fifth-largest Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price”>BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential.

To lead the initiative, the company appointed Jeffrey Thomas as senior vice president of AI data centers, CleanSpark data-ct-non-breakable=”null” href=”https://investors.cleanspark.com/news/news-details/2025/CleanSpark-Announces-Business-Evolution-from-Pure-Play-Bitcoin-Miner-to-Include-AI-Compute-Hires-Industry-Veteran-Jeffrey-Thomas-as-SVP-of-AI-Data-Centers/default.aspx” rel=”noopener nofollow” target=”_blank”>announced on Monday.

Thomas…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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U.S. and Australia sign $3B critical minerals deal
Next News
Microsoft’s latest Windows 11 patch disables WinRE input
Cointelegraph

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