CleanSpark Achieves Milestone with Over 10,000 BTC in Treasury

CleanSpark, a U.S.-listed Bitcoin miner, has reached a significant milestone by surpassing 10,000 BTC in its treasury. This achievement was made possible entirely through the company’s self-mining operations.

On January 9, CleanSpark announced that its Bitcoin treasury had reached 10,097 BTC, all mined through its own activities. This milestone was achieved just a day after the company revealed it had mined 668 BTC in December 2024. The company’s Bitcoin treasury as of the end of last year stood at 9,952 BTC.

A Testament to Operational Excellence

According to Zach Bradford, chief executive officer and president of CleanSpark, surpassing the 10,000-bitcoin mark reflects the company’s commitment to operational excellence, strategic growth, and disciplined capital management.

Surpassing the 10,000-bitcoin mark reflects CleanSpark’s commitment to operational excellence, strategic growth, and disciplined capital management.

This milestone is a result of the miner’s dedication and unwavering focus on efficiency and responsibility. CleanSpark has seen a 236% year-over-year increase in its BTC holdings.

Sustainable Growth and Innovation

CleanSpark’s chief executive added that every bitcoin in their treasury has been mined in the United States, supported by American energy and jobs—underscoring their dedication to sustainable growth and innovation in the global Bitcoin ecosystem.

Growth and Expansion Efforts

CleanSpark mined its first BTC in December 2021. Since then, the company has seen significant growth amid diversification of its mining portfolio. Acquisitions and expansion efforts have been key to this growth, including the acquisition of GRIID Infrastructure and the addition of seven new facilities in Knoxville, Tennessee.

Market Boost for Miners

Bitcoin’s recent price gains, with the cryptocurrency hitting all-time highs above $108,000, have also boosted the market for miners. As of January 9, 2025, BTC was trading around $94,287.

CleanSpark’s achievement demonstrates the potential for growth and success in the Bitcoin mining industry. As the market continues to evolve, it will be interesting to see how CleanSpark and other miners adapt to changing conditions and opportunities.

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