Knoxville TN seven-facility acquisition
Company: CleanSpark
The claim, verbatim
CleanSpark agreed to acquire seven bitcoin mining facilities in the Knoxville, Tennessee area from Exponential Digital for $27.5 million in cash, with the deal set to close by September 25 (2024).
Source (primary)
CleanSpark Expands Bitcoin Mining Operations with $27.5M Facility Acquisition - CoinMarketCap (-, news_article)
View cached copy (2026-10-14)Live source ↗
Quote: “The $27.5 million cash deal, set to close by September 25, is expected to increase CleanSpark's hashrate by an impressive 22%.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article states the seller, the location, the number of facilities, the $27.5 million cash price and the September 25 closing date. Its references to 2024 targets place the deal in 2024.
Confirmed in the source:
- CleanSpark announced the acquisition of seven mining facilities in the Knoxville, Tennessee area
- The facilities were purchased from Exponential Digital
- The deal was a $27.5 million cash deal
- The deal was set to close by September 25
- The context of the article, including its end-of-2024 hashrate target and August mining figures, places the deal in 2024
What we did: Read our cached copy of the publisher (https://coinmarketcap.com/academy/article/cleanspark-expands-bitcoin-mining-operations-with-dollar275m-facility-acquisition) in full (4,801 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark Expands Bitcoin Mining Operations with $27.5M Facility Acquisition - CoinMarketCap
Quote: “The $27.5 million cash deal, set to close by September 25, is expected to increase CleanSpark's hashrate by an impressive 22%.”