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Gary Vecchiarelli

Chief Financial Officer, Cleanspark

Search every verified Gary Vecchiarelli interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During CleanSpark’s fiscal second quarter 2026 earnings conference call on May 11, 2026, Chief Financial Officer Gary Vecchiarelli stated that Bitcoin mining remains foundational to the company’s business, generating cash flow and providing strategic advantages when competing for power in grid-constrained environments. He noted that the company has taken a disciplined approach to capital stewardship, citing a significant reduction in its share count over the previous 18 months. Vecchiarelli also mentioned that in January the company closed on an additional 122-acre parcel necessary to support a full Greenfield data center build, and described the company’s community relationship as “rock-solid.” Vecchiarelli discussed the company’s strategy of pairing AI with Bitcoin mining, saying that Bitcoin mining allows CleanSpark to monetize nearly 100% of base-load energy while waiting for AI sites to be built, which he described as taking 18 months or more. He added that the company has engaged consultants including McKinsey and Accenture to assist with its AI roadmap, and that CleanSpark has received significant inbound inquiry due to its practice of hiring local tradespeople in the jurisdictions where it operates.

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