CLEANSPARK, INC.

CleanSpark, Inc. is a data center developer that has historically focused on bitcoin mining. The company independently owns, leases, and operates a portfolio of data centers and power assets in the United States, specifically in Georgia, Tennessee, Mississippi, and Wyoming. As of September 30, 2025, CleanSpark had a total contracted power capacity of approximately 1,027 megawatts. The company plans to continue growing in these regions and is developing additional capacity in these states and other domestic areas. CleanSpark's infrastructure is designed to efficiently and profitably support both bitcoin mining and AI and High-Performance Computing (HPC) workloads. The company is currently evaluating its portfolio and potential new developments and expansions to identify opportunities for maximum return on investment, which may include bitcoin mining, AI and HPC hosting and leasing, or a combination. CleanSpark has operated in the bitcoin mining sector since December 2020. The company does not intend to mine, purchase, or hold any crypto assets other than bitcoin now or in the foreseeable future, and it did not hold any other crypto asset as of September 30, 2025. An independent bitcoin mining operation in Massena, NY, which operated 50 MW under a hosting agreement, expired on December 31, 2024, and wind-down procedures commenced upon expiration.