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Etched Raises $300M at $10.3B Valuation, CleanSpark Exec Interview, Fluidstack’s OK Site for Jane Street

23 July 2026 1:14:20 Blockspace

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About this episode

Welcome back to The Blockspace Podcast! For our lead story today, Etched just raised $300M at a $10.3B valuation to scale out the AI ASIC that is at the heart of its high-risk, high-reward business model. For interviews, we sit down with Harry Sudock, the CBO of CleanSpark, to discuss the company’s Sandersville AI deal, the deal’s LOI for CleanSpark’s sites in Texas, and where they plan to build next; and Lygos Finance CEO Jay Patel joins us to discuss the latest shakeup at Twenty One Capital with Jack Mallers departure, plus whether or not Strategy is actually solving the confidence issue that has shaken MSTR and STRC. For our final news item, we breakdown Fluidstack’s proposed data center in Okmulgee, OK for Jane Street and why community pushback could hold up the project. 

Check out Dimetrics, the AI industry’s Bloomberg terminal. Track financial metrics and news for AI stocks, GPU rental prices, state-by-state data center pushback, and more with the compute industry’s most powerful dashboard.

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👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

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