Bitcoin mining company CleanSpark has exceeded its 2024 operating hashrate target of 37 exahashes per second. The company achieved a hashrate of 37.5 EH/s, surpassing its guidance for the year. CleanSpark plans to continue expanding its hashrate and aims to reach 50 EH/s in the first half of 2025. The company's recent acquisition deals, fleet upgrades, and new data centers in Tennessee and Wyoming have contributed to its increased hashrate. CleanSpark recently closed a $650 million convertible bond offering, which will be used to fund its growth. At the end of November, the company held 9,297 BTC.



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