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CleanSpark Expands Mining Power, Closes in on Top Bitcoin Holders

  • CleanSpark mined 685 BTC last month, up from 445 BTC in June 2024, valued at approximately $74.2 million.
  • The company's operational hashrate surged by 145%, reaching 50 EH/s, credited to recent infrastructure expansions in four U.S. states.
  • CleanSpark sold most of its June production, retaining 12,608 BTC to become the seventh-largest Bitcoin-holding public company, behind MARA Holdings and Riot Platforms.
  • Despite market fluctuations, CleanSpark's stock dropped 8% on Monday, reflecting broader Nasdaq losses, while the company expands operations in multiple states to offset mining challenges.

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