CleanSpark becomes fourth Bitcoin miner to hold 10,000 BTC
CleanSpark holds 10,097 Bitcoin, making it the fourth public-listed mining firm with over 10,000 Bitcoin. The company experienced a 236% year-over-year increase in its Bitcoin treasury, attributed to efficient scaling. All Bitcoin was mined in the US, supporting local energy and jobs. CleanSpark's CFO emphasized a commitment to sound risk management and disciplined capital strategy. In December, CleanSpark sold only 12.65 Bitcoin out of 668 mined, maintaining a strong treasury position. The firm’s operating hashrate reached 39.1 exahashes per second by the end of 2024, with a 33% increase in hashrate efficiency from 2023. CleanSpark shares fell 5.8% amid a broader market downturn, despite a strong performance in 2023. Other miners like MARA Holdings and Riot Platforms also reported significant Bitcoin production in December.
