Bitcoin Miner CleanSpark Expands into Data Centre Market

CleanSpark, one of America’s largest Bitcoin mining companies, has announced a major strategic shift as it expands into the rapidly growing AI data centre sector. 

The company has appointed industry veteran Jeffrey Thomas as Senior Vice President of AI Data Centers to lead this next phase of growth.

Based in Las Vegas, CleanSpark is evolving beyond its roots as a pure-play Bitcoin miner to develop and operate advanced AI data centre infrastructure, signalling a broader transition towards diversified digital infrastructure investment.

Building AI-ready digital infrastructure

Under Jeffrey’s leadership, CleanSpark aims to establish itself as a key player in the global AI infrastructure market.

His appointment reflects the company’s focus on leveraging its expertise in power, land and large-scale operations to meet the rising demand for AI and high-performance computing (HPC) environments.

As Senior Vice President of AI Data Centers, Jeffrey will oversee the strategy and execution of CleanSpark’s data centre development initiatives.

The expansion is designed to diversify the company’s revenue streams, strengthen long-term cash flow and position it to support major technology firms seeking scalable compute capacity.

Jeffrey brings more than four decades of experience across emerging technologies and infrastructure development, having held senior roles across the UK, US, Europe, Africa and the Middle East.

Before joining CleanSpark, he served as President of AI Data Centres at Humain, where he led Saudi Arabia’s multi-billion-dollar AI data centre programme.

In that role, he established partnerships with hyperscalers and global technology firms, built expert operational teams and advanced sovereign compute initiatives across the region.

Leveraging expertise from Bitcoin to AI

CleanSpark’s expansion builds upon its vertically integrated infrastructure model, which has underpinned its success in Bitcoin mining.

The company’s approach to site development, energy procurement and operational scaling gives it a strong foundation to transition into AI data centre infrastructure.

Its experience managing power-intensive, distributed computing facilities will be key as it moves into designing and operating environments optimised for AI workloads.

This includes potential redevelopment or expansion of existing mining sites for AI compute use, alongside new large-scale builds.

Matt Schultz, Chief Executive Officer and Chairman of CleanSpark, says Jeffrey’s appointment aligns with the company’s long-term growth vision.

“Jeffrey's decades of experience building and scaling digital infrastructure platforms make him an exceptional addition to our leadership team,” Matt says.

“His track record of creating billions in shareholder value and forging partnerships with the world's leading technology companies will be instrumental as we expand our operations and deliver diversified growth for our shareholders.”

Accelerating growth in the AI era

Jeffrey sees CleanSpark’s transition as a pivotal step in its evolution.

“CleanSpark is at a pivotal moment in its journey,” he says.

“The Company has already established itself as a leader in large-scale bitcoin mining, and I look forward to building on this foundation by expanding into next-generation digital infrastructure.

“Together, we have a tremendous opportunity to deliver exceptional solutions for our customers while creating long-term value for shareholders and positioning CleanSpark at the centre of the AI and intelligent computing revolution.”

This move comes as global demand for AI-ready data centre capacity surges, with operators seeking power-efficient, high-density facilities to support advanced compute workloads.

CleanSpark aims to capitalise on this growth by aligning its capabilities with AI and HPC requirements, supported by its extensive energy and land assets.

Georgia identified as key expansion region

Scott Garrison, Chief Development Officer and Executive Vice President at CleanSpark, says the company is evaluating opportunities to convert or expand existing assets for AI readiness.

“We have been reviewing the entire portfolio from first principals to evaluate AI suitability and have identified Georgia as a strategic region for both potential conversion as well as expansion,” Scott says. 

“We recently contracted for additional power and real estate in College Park to deliver high-value compute to the greater Atlanta metro area and are evaluating giga-campus opportunities across the portfolio and pipeline that are well positioned to satisfy significant off-taker demand.

“With Jeff on board, we are ready to rapidly scale and continue maximising the value of our growing power and land footprint.”

As the company transitions toward AI data centre operations, CleanSpark’s infrastructure-first strategy positions it to serve as a bridge between traditional digital asset mining and the emerging AI compute economy.

The appointment of Jeffrey underscores its intent to become a long-term player in sustainable, large-scale data infrastructure development.