CleanSpark expands into AI data centers alongside bitcoin mining
CleanSpark announced plans to diversify beyond bitcoin mining, moving into AI and high-performance computing (HPC) infrastructure. The company has appointed Jeffrey Thomas to lead a new division focused on AI data centers.
Thomas will serve as senior vice president of AI Data Centers, overseeing site selection, development, and operations for facilities designed to handle AI and HPC workloads. CleanSpark emphasized that this expansion complements its existing bitcoin mining operations rather than replacing them.
The decision follows strong growth in its core business, including surpassing 50 exahashes per second in operational hashrate in June and exceeding one gigawatt in contracted electricity this summer. These achievements provide the energy and real estate footprint needed for AI-ready campuses. CleanSpark noted that fiscal 2025 was pivotal, positioning the company for this strategic shift in 2026.
Following the announcement, CleanSpark’s stock price rose as the company revealed plans to hire additional AI staff. The move aligns with a broader trend among miners responding to growing demand for computing power.
Planned AI facilities
CleanSpark intends to build AI-focused data centers, leveraging recent acquisitions of land and power in Atlanta. Georgia, particularly the College Park area, was highlighted as favorable due to its energy availability and logistical advantages. The facilities aim to support high-density racks with robust cooling systems while maintaining energy efficiency.
The company has not disclosed the megawatt capacity or completion timeline for the initial AI centers. The new facilities will be adjacent to existing mining operations, which produced 671 bitcoin in July and 657 in August. CleanSpark’s treasury held over 12,000 bitcoin as of the end of August, and its mining fleet operates at approximately 16 joules per terahash.
Thomas brings extensive experience in data center development and emerging technologies. He will collaborate with CleanSpark’s team on power agreements, construction, and client relations, focusing on serving IT companies seeking AI-ready capacity without building their own infrastructure.
CleanSpark stated that while bitcoin mining remains the primary business, AI computing will serve as a secondary growth engine. The dual strategy is intended to optimize electricity use and provide flexibility across market cycles.
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