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CleanSpark Releases March 2025 Bitcoin Mining Update

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Exceeds 700 bitcoin produced, a 13% gain month over month

Achieves 42.4 exahash, an increase of 4.2% month over month

11,869 bitcoin held in treasury

LAS VEGAS, April 4, 2025 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), America’s Bitcoin Miner® (the “Company”), today released its unaudited bitcoin mining and operations update for the month ending March 31, 2025.

“We’ve remained focused on executing our strategy and have built a strong foundation for scalable growth — including the addition of nearly 2 EH/s in Wyoming in March,” said Zach Bradford, CEO and President of CleanSpark. “Success isn’t just about setting ambitious targets; it’s about delivering results through consistent operational excellence. In March alone, we increased bitcoin production by 13%, generating 706 bitcoin. With nearly a gigawatt of energy under contract and a robust growth pipeline, our future is bright. Holding nearly 12,000 bitcoin in treasury, CleanSpark is well-positioned for the road ahead.”

“While the recently announced tariffs may temporarily raise industry-wide growth costs, CleanSpark is well-prepared. The majority of our miners and infrastructure required to meet near-term goals are already stateside. We believe our advantages — including a lower cost of capital, superior purchasing power, and best-in-class operations — set us apart. These tariffs may slow down competitors who lack our scale and resilience, but we’re confident in our ability to maintain our momentum and lead the industry forward.”

March Bitcoin Mining Update (unaudited) 

Bitcoin produced in March: 706Total bitcoin holdings as of March 31: 11,869Month-end operating hashrate: 42.4 EH/sMW under contract: 915 MW1Average fleet efficiency: 17.03 J/ThTotal bitcoin sold in March: 14.23Deployed fleet: 205,412CY2025 bitcoin produced: 1,956

Throughout March 2025, the Company’s average hashrate was 40.2 EH/s and average fleet efficiency was 17.03 J/Th, resulting in an average of 22.78 bitcoin mined daily. The single day high reached 23.52 bitcoin. The Company sold 14.23 bitcoin during March 2025 at an average price of approximately $87,742 per bitcoin.

1MW includes all contracted power capacity for wholly owned sites and excludes any other non-binding arrangements. 

Additional Updates
Mississippi and Georgia: CleanSpark is actively expanding several existing facilities across Mississippi and Georgia, further strengthening its presence in the Company’s most established markets. These initiatives include additional immersion deployments designed to deliver the same industry-leading performance seen across the portfolio. Upon completion, these projects are expected to contribute approximately 2 EH/s to the Company’s total hashrate.

Wyoming: Construction and commissioning continue for the next two phases of CleanSpark’s regional expansion project in Wyoming. Additional computing power of 2.5 EH/s is expected to come online within the current quarter, further advancing the Company’s hashrate goals as development in the state progresses.

Tennessee: Expansion projects are underway at two of CleanSpark’s data center sites in Tennessee, powered by a combined 60 MW. These initiatives are expected to add nearly 4 EH/s to the Company’s total processing power — representing a nearly 10% increase in current production. Both sites will participate in the Tennessee Valley Authority’s (TVA) demand response program, reinforcing CleanSpark’s commitment to energy efficiency and grid sustainability.

About CleanSpark
CleanSpark (Nasdaq: CLSK), America’s Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: future rates and impact of tariffs in the US; the timing, completion and performance of the Georgia, Wyoming, Tennessee and Mississippi expansions; anticipated additions and targets to CleanSpark’s hashrate and the timing thereof; the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company’s prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2024, and any subsequent filings with the SEC. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law. 

Investor Relations Contact  
Barbara Domingo 
702-989-7693 
ir@cleanspark.com 

Media Contact 
Eleni Stylianou
702-989-7694
pr@cleanspark.com  

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SOURCE CleanSpark, Inc.

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v4c Promotes Michael Gibson to Chief Executive Officer

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Promotion follows 765% year-over-year revenue growth, investment from Databricks Ventures, and recognition as the 2026 Databricks C&SI Emerging Partner of the Year as v4c continues to expand its world-class Databricks practice

SCOTTSDALE, Ariz., Oct. 20, 2026 /PRNewswire/ — v4c.ai, a strategic boutique pure-play Databricks services partner, today announced the promotion of Michael Gibson from Chief Revenue Officer to Chief Executive Officer. Gibson’s appointment builds on his leadership in scaling v4c’s global sales organization and expands his responsibilities to leadership across the business as the company continues to strengthen its market-leading position in the Databricks ecosystem.

As Chief Revenue Officer, Gibson helped scale v4c’s global sales organization during a period of 765% year-over-year revenue growth and a 350% increase in its worldwide client base. Central to that expansion has been his focus on aligning v4c’s go-to-market strategy with Databricks, building relationships across its field organization, and connecting enterprise customers with the expertise needed to advance their Databricks initiatives.

Gibson brings experience on both sides of the enterprise technology relationship: building sales teams within a global software organization and leading growth within technology services. Having been a driving force behind v4c’s success, he will build on that foundation with broader responsibility for the company’s continued growth and evolution. As CEO, he will work closely with the Board to define v4c’s strategy and vision, uniting leaders across all functions to translate that direction into company-wide execution. His focus will span business performance, leadership development, and a culture of collaboration and accountability, while advancing customer success and delivery excellence as v4c enters its next chapter in the Databricks ecosystem.

“Mike has been a key driving force behind v4c’s meteoric rise, translating our vision into a pace of growth that we believe is unprecedented in the Databricks ecosystem,” said Vijay Rao, Founder and Board Member of v4c. “He has built an organization that earns the confidence of Databricks leaders and field teams, wins the trust of enterprise customers, and turns those relationships into shared success. His understanding of where Databricks is going—and how v4c can help our mutual customers get there—will be critical as we continue to expand our capabilities within the ecosystem. The Board is confident that Mike is the right leader to build on this momentum and advance our vision of becoming the world’s best Databricks SI.”

Previously, Gibson served as Senior Area Vice President at MuleSoft, where he led nationwide sales teams serving enterprise customers across banking, retail, consumer goods, and manufacturing. His leadership and performance earned him multiple MuleSoft Owner’s Awards for management and culture building, two AVP of the Year honors, and Chairman’s Club recognition. His tenure spanned the company’s initial public offering and subsequent acquisition by Salesforce, giving him firsthand experience navigating rapid growth and organizational change. That experience also shaped his understanding of how platform providers and services partners work together to earn customer trust, support complex technology decisions, and expand enterprise adoption.

Gibson transitions into the CEO role following two major milestones in v4c’s relationship with Databricks: an investment from Databricks Ventures and recognition as the 2026 Databricks C&SI Emerging Partner of the Year. Together, these milestones reinforce the strategic alignment between the organizations and provide a foundation for further investment in Databricks expertise, joint field engagement, and global delivery capabilities.

“I’m proud of what this team has built and grateful to Vijay, Venkat and the Board for the opportunity to lead v4c,” said Gibson. “Databricks is at the heart of our go-to-market, and our vision is to become the world’s best Databricks SI partner. That means earning the confidence of Databricks teams in every market we serve and delivering for the customers who trust us with their data and AI priorities. As CEO, I’ll focus on deepening those relationships and investing in the people and capabilities that make v4c a partner Databricks can count on as we grow together.”

In this new role, Gibson will lead v4c’s global strategy and execution, deepening strategic alignment with Databricks and guiding investments in the people and capabilities behind the company’s growth. His leadership will focus on scaling the business while preserving its culture, advancing delivery excellence, and strengthening the trust v4c has earned with customers and partners.

About v4c

v4c.ai is a premier IT services consultancy specializing in Databricks, helping organizations modernize their data platforms and build enterprise AI capabilities. As a Databricks Ventures portfolio company and the 2026 Databricks C&SI Emerging Partner of the Year, v4c brings expertise across data engineering, AI strategy and governance, generative AI, and machine learning. Learn more at www.v4c.ai.

Media Contact

Savannah Cole
press@v4c.ai

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SOURCE v4c.ai

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Synteq Launches Apps & Serverless Functions in Developer Platform Expansion

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Synteq brings managed application hosting and serverless compute to its own infrastructure and network, so developers can run their code alongside their VPS instances, GPUs, and storage.

WILMINGTON, Del., Oct. 20, 2026 /PRNewswire/ — Synteq today announced the launch of Apps and Serverless Functions, two managed products that let developers deploy applications and code without provisioning or operating servers. The launch is the first release in Synteq’s expansion into developer tools and platform services.

Apps run web services, APIs, and workers directly from source. Users can point Synteq at a GitHub repository or run a single CLI command, and the platform detects the language, builds the image, deploys it, and serves it over HTTPS on a Synteq subdomain or custom domain. Every app runs in its own isolated microVM with dedicated CPU, memory, and network. Deployments use readiness checks and zero-downtime rolling updates with one-command rollback. Live logs, per-replica metrics, and request data live in the Synteq Cloud, where custom domains, automatic HTTPS, and first-class secrets are built in.

Serverless Functions run individual handlers on demand, each invocation isolated in its own microVM. They support Node.js and Python runtimes, can be triggered by HTTP or cron, and deploy from the web editor, CLI, or GitHub.

Apps and Functions run on the same hardware and network as Synteq’s VPS, GPU servers, and block storage, so customers can put their application layer in the same location as the infrastructure it depends on.

“Great infrastructure is only half of a great product. The other half is how it feels to use,” said Ben Haupt, Director of Growth & Product at Synteq. “Functions let teams run scheduled jobs, webhooks, and automation right next to their existing Synteq servers, with every invocation isolated. Apps give developers a git-push path to production. Building a platform that’s easy for developers to operate is at the core of our roadmap, and this is the first step.”

“Our customers already trust us with their most demanding workloads, but have been asking for a broader product ecosystem to migrate their full workloads away from other providers,” said Eric Yingling, Chief Executive Officer of Synteq. “Apps and Functions give developers one place to ship everything, from a weekend project to the production API at the core of their business.”

Launch highlights

Deploy from source: GitHub, direct upload, or a single CLI command, with automatic builds and Dockerfile supportServerless Functions: run scheduled jobs, webhooks, and automation on demand, with no servers to manageFull tenant isolation: every app and function invocation runs in its own Firecracker microVMBudget-bound autoscaling: apps scale with demand up to a spending limit you setLocations at launch: Dallas (DFW) and Chicago (CHI)99.99% uptime SLA

Apps and Functions are available today in Dallas and Chicago and are managed from the same API, CLI, and Synteq Cloud control plane customers already use for GPU servers, virtual machines, and block storage.

In the coming months, Synteq plans to add Virtual Private Clouds (VPCs), floating IPs, load balancers, and cloud firewalls to its platform. Apps will also gain SSO and password protection for preview environments. VPC support will let Apps and Functions connect privately to customers’ existing Synteq servers and storage.

About Synteq

Synteq delivers GPU compute, bare metal, and virtualized infrastructure to enterprises, researchers, and developers worldwide, operating its own network (AS400304) and infrastructure footprint across multiple sites. Synteq combines enterprise-grade infrastructure with exceptional price-performance compute, storage and virtualization. Learn more at synteq.com.

Media Contact: pr@synteq.com, https://www.synteq.com

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SOURCE Synteq Digital

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NC AI Officially Releases VARCO Sound, the Generative AI Sound Production Service

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Text, image, and video inputs generate audio and enable detailed modification through “Multitrack” Special release promotion offers 50% discount on the first month’s subscription fee and bonus points Conversational AI “Sound Agent” uses natural language processing, allowing intuitive and accurate arrangements Desktop application and Unity plugin allow seamless integration with existing workflows

SEOUL, South Korea, Oct. 20, 2026 /PRNewswire/ — Create and arrange a variety of sounds for a single scene with VARCO Sound, the multitrack AI sound generator.

Multimodal AI company NC AI announced the official release of its generative AI platform, VARCO Sound, on the 20th. Users can easily generate and edit scene-appropriate audio using text, images, and videos. VARCO Sound is designed to help developers and producers who are unfamiliar with sound design bring their creative ideas to life with high-quality soundtracks.

Users can also access the web version of VARCO Sound by signing up on the official website.

NC AI also announced a promotion for VARCO Sound and the AI 3D generator VARCO 3D, running until Nov. 30 following the release. The offer supports continued creation by making AI-based content generation tools more accessible and is available to both new members and existing members who have been using the free version.

Users who make their first purchase during the promotion can receive a 50% discount on the first month of their subscription. Additional bonus points will also be provided, with higher-tier subscriptions receiving even more points. This offer is available once per account for VARCO Sound and VARCO 3D each.

Events will also be held in the official VARCO Discord community. Users who join through the dedicated links provided in each service announcement can enjoy one month of free access to the VARCO 3D Plus plan or the VARCO Sound Lite plan. The first 100 users to join the community will receive the exclusive “VARCO OG” title. In addition, the top five users who share game assets created with VARCO 3D in the community will be selected to receive service credits and titles. Event periods and participation details are available in the Discord announcements for each service

VARCO Sound is a comprehensive platform that allows users to generate and fine-tune audio tracks for content such as games, videos, and animations. Users can describe the desired audio through text or upload an image or video, and the AI analyzes the input to generate scene-appropriate Foley sounds, sound effects, ambient audio, and more.

The tool’s most unique feature is its ability to provide separate tracks for each audio source rather than a single audio file. Users can check each track individually, adjust its volume, or replace specific sound effects to further polish the result and better realize their creative vision.

In addition, the “Variation” feature allows users to build on their existing work. Users can upload an original sample to generate variations while preserving its texture and nuance. This substantially reduces the time required to refine ideas and develop prototypes.

The entire generation and editing process can be conducted through natural language using the conversational AI “Sound Agent.” A simple description of the desired outcome is analyzed by the AI agent, which automatically applies the appropriate features, lowering the entry barrier for new users.

Furthermore, VARCO Sound comes with an automatic volume mixer feature that prevents sounds from clashing when multiple tracks are played simultaneously. The AI examines and adjusts the volume balance between different tracks so that no sound is too loud or too quiet.

Currently, the maximum length of an audio file that can be generated is 60 seconds, and NC AI plans to continue improving the tool’s performance to support video inputs of up to 120 seconds.

NC AI has also released a desktop application and a Unity plugin that allows the tool to seamlessly integrate into the existing workflows of creators. Assets created through the desktop application can be dragged and dropped into other DAWs for immediate use. A personalized library search feature based on natural language and audio will be added in the future to further streamline each user’s workflow.

Moreover, the Unity plugin was selected as a Unity Verified Solution, demonstrating its performance and compatibility. The plugin allows game developers to stay within the Unity engine while creating audio tracks using just text and images and immediately apply them to their projects using the built-in editing tools.

NC AI’s CEO Yeonsoo Lee said, “VARCO Sound has evolved into an ‘AI platform designed for professional needs’ that boosts creators’ efficiency without disrupting their existing workflows.” Yeonsoo Lee added, “We will establish a new paradigm in the global audio creation ecosystem through continuous technological advancement and seamless integration with a wide range of external platforms.”

About NC AI

NC AI leverages over a decade of game AI expertise to develop advanced multimodal and Physical

AI solutions for digital content and industrial sectors. Under its proprietary VARCO brand, the company delivers generative AI tools spanning text, audio, and 3D assets. Under the VAETKI brand, NC AI expanding into Physical AI including Digital Twins, World Models, and Robot Foundation Models (RFM). NC AI applies virtual simulation and reinforcement learning to mission-critical industries like defense and smart manufacturing, seamlessly connecting digital intelligence to physical execution.

NC AI Official Website and Social Media

| Websites   Company Website: https://nc-ai.com/  
                    Official LinkedIn: https://www.linkedin.com/company/nc-ai/
                    Official Blog: https://medium.com/nc-ai
                    Official Instagram Account: https://www.instagram.com/ncai_official/
                    Official YouTube Channel: https://www.youtube.com/@nc_ai/  
                    Official Discord: https://discord.gg/uTBqazNuKr 

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SOURCE NC AI

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