CleanSpark, a renowned Bitcoin mining company based in the United States, has officially surpassed the 10,000 Bitcoin milestone, currently possessing a total of 10,097 BTC in its treasury. CleanSpark is the fourth publicly traded Bitcoin miner to achieve this critical milestone, following Marathon Digital, Riot Platforms, and Hut 8 Mining.
A 236% increase in the company’s Bitcoin reserves over the previous year underscores its outstanding development. CEO Zach Bradford owes the company’s success to its ability to scale ethically and efficiently, with an emphasis on long-term growth. CleanSpark has mined all its Bitcoin holdings in the United States, not only benefiting the local economy but also demonstrating the company’s commitment to sustainable energy and job creation.
In addition to hitting this milestone, CleanSpark has experienced considerable production increases. In December, the business mined 668 BTC, a 7% increase over the previous month. This takes the total Bitcoin production for 2024 to 7,024 BTC, with an average daily mining rate of 21.56 BTC. CleanSpark has stressed its controlled approach, selling only a small fraction of its mined Bitcoin—12.65 BTC in December—and keeping the remainder in its treasury.
The company’s operating hashrate has also increased dramatically, reaching 39.1 EH/s by the end of 2024, with an ambitious goal of 50 EH/s by mid-2025. CleanSpark expects this rise in hashrate to enhance its market leadership in Bitcoin mining. Despite a decline in Bitcoin prices that impacted miner revenues in January, CleanSpark’s successes demonstrate its outstanding strategic planning and financial management.
