CleanSpark Announces Agreement To Acquire Up To 447 Acres Of Land In Brazoria County, Texas, And Long-Term Transmission Facilities Extension Agreement; Deal Expected To Close In Q1 2026

CleanSpark, Inc. (NASDAQ:CLSK) ("CleanSpark" or the "Company"), announced today it has entered into a definitive agreement to acquire up to 447 acres of land in Brazoria County, Texas, and a long-term transmission facilities extension agreement, positioning the Company to develop a large-scale data center project with transmission-level power enabling a 300 MW demand load and potential capacity for further expansion of up to 300 MW totaling 600 MW. The closing is expected in Q1 2026, contingent upon, among other items, utility and property related approvals.