Gary A. Vecchiarelli
@GaryVec
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President & Chief Financial Officer @CleanSpark_inc. Tweets are my own thoughts/opinions.
Las Vegas, NV
Joined December 2021
Morgan Stanley raises data center power demand forecast again based on NVDA sales; now sees 47GW shortfall by '28 vs. 44GW prior. "We continue to believe that BTC sites offer the fastest time to power w/ the lowest execution risk & believe this will increasingly be recognized."
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Last Year, NVIDIA CEO Jensen Huang was asked about Bitcoin Mining. His answer was simple… ₿itcoin is a medium for energy transfer
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True leadership isn’t talk…it’s action. Thank you @smatthewschultz. The team is proud to have you at the helm. $CLSK @CleanSpark_Inc
Just in case you’re interested in the way we feel about the people who trust us with their investment capital, I wanted to share… In December 2024, we bought back 11.76 million shares of $clsk for $145M. In November 2025, we bought back 30.6 million shares of $clsk for
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This Thanksgiving, I’m thankful for our world class team, whose talent and dedication are unmatched. I’m energized by our move into AI and thankful for the team around us…because when brilliant people lean into the future, they don’t just run the next block, they help build the
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I don’t think people are fully understanding how huge it is that JP Morgan is now offering a bitcoin back Bond.
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Shoutout to @sprainhill for turning BTC holdings into a premium playground…$10m in total for the quarter. October’s trades were greater than all the trades of the entire fourth quarter. Leading the monetization strategy with no smoke and mirrors in our disclosures or
I am proud of the results the @CleanSpark_Inc team reported yesterday across energy, compute, bitcoin mining, and Digital Asset Management (DAM). For those who weren't on the call, I wanted to share out this slide from the presentation with a (very) high level overview of what
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Today $CLSK reported transformative full fiscal year 2025 financial results (ended 9/30/25), setting the stage for our AI expansion. *Revenue: $766.3 million (102% growth YoY) *Net Income: $364.5 million *Total Assets: $3.2 billion *Power Under Contract: 1.31 GW (as of 10/31/25)
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Happy to announce the closing of our upsized $1.15B convert. Share buyback = confidence in where we are going as we immediately reduced outstanding shares by 10.9%. This also provides dry powder to fuel our hunt for power & land for AI. ⚡️☢️🏢 Don’t worry…our #Bitcoin roots
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Prepping some data for our November Investment Committee meeting and wow... look at that step-up in daily range for Bitcoin in October compared to last quarter. High range over double the high range of the past three months. Note this is all Coinbase data.
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“Life moves pretty fast. If you don't stop and look around once in a while, you could miss it" -Ferris Bueller $CLSK
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Really grateful for the opportunity to speak with the legend @stephanlivera at the first inaugural Custody & Treasury summit at @bitcoinpark_ in September. I think this was a great conversation, already looking forward to RUNNING IT BACK TURBO.
‘I can’t take the argument that Bitcoin is zero seriously anymore.’ It’s pristine collateral. It trades 24/7. You can liquidate it on weekends. Listen to @stephanlivera and @sprainhill discuss Bitcoin as a treasury asset at CTS25.
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We’re going to The Lone Star State 🇺🇸🤠 $CLSK
Proud to add a fifth State to CleanSpark’s power and land portfolio. This is our first campus purpose-acquired for AI compute. 🚀🚀
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⚡️ Exciting times ahead for those building at the intersection of Bitcoin, AI, and energy.
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5️⃣ There’s more capital available for AI infrastructure than ever — and miners are now positioned to access it at near-institutional rates. 6️⃣ The UAE is ahead of the curve on digital assets — both in regulatory clarity and sophistication of market participants.
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4️⃣ Major investment platforms — traditionally focused on real estate, infrastructure, and alternative assets — are entering the space in a big way. They prefer public miners because they want transparency into who they’re enriching on the other side of the deal.
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3️⃣ Bitcoin miners are the “pretty girl at the dance.” Hyperscalers, tech firms, and now large institutional investors are all eager to partner — it’s a race to secure those relationships.
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