CleanSpark Hits 10,000 BTC Milestone: A New Record!
U.S.-based mining company CleanSpark has surpassed 10,000 BTC in holdings, all mined exclusively using its own infrastructure.
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Over the past year, its reserves grew by an astonishing 236%, making it the fourth-largest public bitcoin miner with similar holdings. CEO Zach Bradford credited this success to a combination of efficient scaling, resource optimization, and strategic planning.
Every bitcoin in our treasury has been mined in the United States, supported by American energy and jobs—underscoring our dedication to sustainable growth and innovation in the global bitcoin ecosystem,
Bradford explained.
CFO Gary Vecchiarelli emphasized that CleanSpark not only manages its internal assets efficiently but also takes a strategic approach to mitigating risks, ensuring maximum results. He added that the company’s primary goal is to deliver long-term value for investors and stakeholders.
Other public companies, including MARA Holdings, Riot Platforms, and Hut 8 Mining Corp, have also reached similar milestones. These companies adopt a strategy of retaining mined bitcoins while covering energy and equipment costs through equity or bond financing, avoiding coin sales.
CleanSpark distinguishes itself with remarkable financial stability. In December, the company sold just 12.65 BTC while mining over 667 bitcoins—the second-highest output after MARA Holdings. However, despite this impressive growth in reserves, the company’s stock price has remained relatively stable over the past year, with occasional surges.
Related: CleanSpark: How to Profit from Bitcoin Halving
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