Post by CleanSpark

Introducing CleanSpark’s May 2026 operational update: “This May we strengthened our management team by adding Ruben Sahakyan to bolster our AI data center financing capabilities as we progress commercialization efforts in Sandersville and Texas,” said CEO and Chairman S. Matthew Schultz. “In parallel, we continue to develop our power pipeline, add high-impact talent across the entire organization, and operate best-in-class bitcoin mining data centers across the country.” *Hiring of Ruben Sahakyan as Senior Vice President of Finance* CleanSpark has appointed Ruben Sahakyan, CFA as SVP of Finance to oversee Capital Markets, Financial Planning & Analysis, and M&A functions. Sahakyan joined the Company from Keefe, Bruyette & Woods, where he served as Managing Director and Co-Head of Digital Assets & Infrastructure Investment Banking. With more than 15 years of experience and over $20 billion in advisory transactions across digital assets, infrastructure, and fintech, he brings deep expertise to CleanSpark as the Company scales toward becoming a multi-gigawatt AI and digital infrastructure platform. *May 2026 Operational Highlights* Bitcoin produced: 671 Total bitcoin holdings as of May 31: 13,470 Power under contract: 1.8 GW Operational Hashrate: 50.0 EH/s Average operating hashrate: 46.2 EH/s Peak efficiency of deployed fleet: 16.07 J/Th Full press release here: https://clsk.news/may26