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CleanSpark sees five-fold year-over-year increase in revenue from demand of switchgear equipment

CleanSpark Inc (NASDAQ:CLSK) CEO Zach Bradford tells Proactive the software and services company posted quarterly revenue numbers of $3.6 million, a five-fold year-over-year increase due to growth of custom switchgear equipment sales.

Bradford says demand from companies is due to the growth in the micro-grid power systems market, where more and more companies are looking to add resiliency and cost savings in the commercial and industrial space.

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NASDAQ:CLSK

Price: 11.4 USD

Market Cap: $405.74 m

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CleanSpark to make $145M investment over next 5 years into Georgia county

CleanSpark Inc (NASDAQ:CLSK) (NASDAQ:CLSK) Head of Investor Relations and Executive Chairman Matt Schultz joined Proactive to discuss its nearly $145 million of investment to the community of Gwinnett County in Georgia, as it announced a tie-up with the public-private initiative Partnership...

1 week, 1 day ago

2 min read