Publicly traded Bitcoin mining firm CleanSpark (NASDAQ: CLSK) has officially announced the successful acquisition of two fully operational data centers in Mississippi. The deal, valued at approximately $19.8 million, marks another significant step in the company’s aggressive expansion strategy within the United States.

The two turnkey facilities are expected to add a combined 2.4 exahashes per second (EH/s) to CleanSpark’s total hashrate once fully operational. According to the company’s press release, the sites have a combined power capacity of 75 megawatts (MW), providing substantial room for housing the latest generation of high-efficiency ASIC miners. This move is part of CleanSpark’s ongoing effort to scale its operations in anticipation of future Bitcoin market dynamics.

Zach Bradford, CEO of CleanSpark, commented that the acquisitions align with their strategy of securing and building out critical infrastructure in diverse geographic locations to ensure operational stability and efficiency. The “turnkey” nature of these sites is particularly noteworthy, as it allows CleanSpark to bypass lengthy construction phases and bring the new hashrate online in a matter of weeks, not months.

This expansion is indicative of a broader trend in the mining industry, where major players are consolidating assets and scaling up to maintain a competitive edge. For the wider market, such investments by established firms underscore a strong, long-term belief in the profitability of Bitcoin mining. It signals sustained demand for cutting-edge mining hardware, as filling these large-scale facilities requires a constant influx of the most powerful and energy-efficient machines available, a positive indicator for hardware suppliers and individual miners alike.