CleanSpark Appoints Ruben Sahakyan as Senior Vice President of Finance

Seasoned Investment Banking Govt Brings Deep Sector Expertise and Capital Markets Expertise to Toughen CleanSpark’s Development in AI Infrastructure

LAS VEGAS, Would possibly maybe maybe maybe 20, 2026 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (“CleanSpark” or the “Company”), a market-leading facts heart developer, this day announced the appointment of Ruben Sahakyan as Senior Vice President of Finance. Sahakyan has already joined the Company and may maybe well maybe lead on CleanSpark’s Capital Markets, Financial Planning & Diagnosis functions, and provides a boost to agency-broad M&A.

Sahakyan joins CleanSpark from Keefe, Bruyette & Woods (KBW), a Stifel company, the place he served as Managing Director in the Fintech & Financial Services Neighborhood and Co-Head of Digital Resources & Infrastructure Investment Banking. Over the path of his career, he has held roles at KBW, Stifel, GMP Securities and TD Financial institution, constructing monumental skills across investment banking, fairness evaluate, threat administration, and asset administration. He has suggested on better than $20 billion bucks of transaction worth across the digital assets, infrastructure, and fintech sectors.

With better than 15 years of monetary products and companies skills, Sahakyan brings necessary depth in mergers and acquisitions, public and internal most capital markets transactions, and strategic advisory, exactly the skills CleanSpark wants because it advances its transformation steady into a multi-gigawatt AI and digital infrastructure platform.

“Ruben is exactly the roughly leader we need on this group,” talked about Gary Vecchiarelli, President and CFO of CleanSpark. “He has spent his career on the epicenter of digital assets and infrastructure finance, and he understands the panorama we operate in as well to somebody. As we pursue remarkable-scale capital markets exercise and excessive-worth M&A alternatives, his skills will be instrumental in serving to us halt with precision and conviction on the flee valuable to construct up in the AI infrastructure arena. We’re wrathful to enjoy him here.”

“I am wrathful to partner with a leadership group that has demonstrated the self-discipline and strategic level of interest to capitalize on a necessary different. CleanSpark has constructed a highly differentiated, low-cost infrastructure platform ideally positioned to wait on the rising put an enlighten to for AI compute,” talked about Sahakyan. “Market-leading talent at each and each level, a scaled, various energy footprint, and level of interest on commercializing its assets made becoming a member of a straightforward decision.”

Sahakyan holds Assortment seventy 9 and 63 licenses, a Bachelor of Commerce level from the College of Toronto and is a CFA charterholder.

About CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading facts heart developer with a confirmed notice file of success. The Company controls a portfolio of better than 1.8 GW of energy, land, and facts centers across the usa, powered by globally competitive vitality prices. Sitting on the intersection of Bitcoin, vitality, operational excellence, and capital stewardship, CleanSpark optimizes its infrastructure to carry superior returns to shareholders.

For more facts, focus on over with www.cleanspark.com.

Ahead-Taking a see Statements

This press release contains ahead-taking a see statements for the duration of the that system of the Deepest Securities Litigation Reform Act of 1995. In this press release, ahead-taking a see statements encompass, however may maybe well maybe no longer be little to, statements concerning the Company’s expectations, beliefs, plans, intentions, and options. In some cases, you most seemingly can establish ahead-taking a see statements by terms comparable to “may maybe well maybe,” “will,” “may maybe well maybe still,” “expects,” “plans,” “anticipates,” “may maybe well maybe,” “intends,” “targets,” “tasks,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “skill” or “continue” or the detrimental of these terms or various a similar expressions. The ahead-taking a see statements are arena to a unfold of known and unknown dangers, uncertainties and various vital components that will reason our genuine results, performance or achievements to be materially various from any future results, performance or achievements expressed or implied by the ahead-taking a see statements, including, however no longer little to: future performance of Sahakyan; the success and performance of the Company’s non-bitcoin facts heart activities and growth into non-bitcoin infrastructure; completion of construction, regulatory approvals, and electricity availability to enact anticipated growth; the success and performance of the digital asset administration and derivatives trading activities; the success of our digital forex mining activities; bitcoin volatility; the dependency on utility price buildings and govt incentive programs; and various dangers described in the Company’s prior press releases and in its filings with the Securities and Alternate Commission (SEC), including below the heading “Chance Components” in these filings. Ahead-taking a see statements contained herein are made simplest as to the date of this press release, and we judge no responsibility to update or revise any ahead-taking a see statements as a results of any unique facts, changed conditions or future events or in some other case, excluding as required by appropriate law.

Investor Household Contact

Harry Sudock

702-989-7693

[email protected]

Media Contact

Eleni Stylianou

702-989-7694

[email protected]

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SOURCE CleanSpark, Inc.