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CleanSpark Among Top 35 of 500 Fastest Growing Companies in the Americas

1. CleanSpark ranks 35th on The Financial Times' Fastest Growing Companies list. 2. FY2024 revenue increased by 123% compared to FY2023. 3. Company plans to expand Bitcoin mining hashrate to 50 EH/s this year. 4. CleanSpark holds about 5% of global Bitcoin network hashrate. 5. Financial stability supported by nearly 12,000 Bitcoin holdings.

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Why Bullish?

The significant revenue growth and industry recognition can have a positive influence on CLSK's stock price, much like prior successful growth announcements led to price increases in similar companies, e.g., Riot Blockchain's stock spikes following operational expansions.

How important is it?

The article highlights CleanSpark's significant growth and market position, which are strong indicators for investors.

Why Short Term?

Investor sentiment may react positively to immediate growth achievements, affecting the stock price in the near future, similar to reactions seen post-earnings reports in growth sectors.

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Company earns 35th spot on The Financial Times' 2025 list of the 500 Fastest Growing Companies in the Americas , /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), has earned the 35th spot on The Americas' Fastest Growing Companies 2025, an annual ranking by The Financial Times and Statista Inc., a world-leading statistics portal and industry ranking provider. The list identifies the top 500 companies based in twenty North, Central and South American countries. "CleanSpark is pleased to make the top 40 on The Americas' Fastest Growing Companies list," said CleanSpark CEO and President Zach Bradford. "Our incredible growth since 2020 showcases the value of our strategy and our team's grit and adaptability over multiple years. Even more, our proven track since then has continued with our FY2024 revenue increasing 123% since FY2023 and the tremendous expansion of our Bitcoin mining footprint, which is expected to reach 50 EH/s in hashrate during the first half of this year." "Bitcoin is an incredibly important finite digital asset that allows for borderless peer-to-peer payments, a unique opportunity of financial inclusion across the globe, and can serve as a store of value. Since CleanSpark started Bitcoin mining in 2020, we continue to execute on our strategic goal of reaching an operational scale that provides financial advantages while capturing valuable market share. We currently support approximately 5% of the global Bitcoin network with our hashrate, making CleanSpark one of the largest producers of bitcoin in the world. CleanSpark has created a position of financial stability with a strong balance sheet, which includes nearly 12,000 bitcoin holdings, allowing the Company to weather any storm. We look forward to a larger adoption of Bitcoin and will continue paving the way for a new digital economy." About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: anticipated additions and targets to CleanSpark's hashrate and the timing thereof; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate; the expectations of future revenue growth may not be realized; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2024, and any subsequent filings with the SEC. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law. Investor Relations Contact  Barbara Domingo 702-989-7693 [email protected]  Media Contact Eleni Stylianou 702-989-7694[email protected]   SOURCE CleanSpark, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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