Bitcoin miner CleanSpark hits 10,000 BTC in its treasury

CleanSpark, a U.S.-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury, a milestone achieved entirely through its self-mining operations.

According to an announcement CleanSpark shared on Jan. 9, its Bitcoin (BTC) treasury reached 10,097 BTC, all mined through its own activities. The milestone came a day after the company revealed it had mined 668 BTC in December 2024.

The companyโ€™s Bitcoin treasury as of the end of last year stood at 9,952 BTC.

โ€œSurpassing the 10,000-bitcoin mark reflects CleanSparkโ€™s commitment to operational excellence, strategic growth, and disciplined capital management,โ€ said Zach Bradford, chief executive officer and president of CleanSpark.ย 

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

โ€œEvery bitcoin in our treasury has been mined in the United States, supported by American energy and jobsโ€”underscoring our dedication to sustainable growth and innovation in the global bitcoin ecosystem,โ€ the CleanSpark chief executive added.

CleanSpark mined its first BTC in December 2021.

Growth has come amid diversification of the companyโ€™s mining portfolio, with acquisitions and other expansion efforts key to this. The companyโ€™s acquisition of GRIID Infrastructure and seven new facilities in Knoxville, Tennessee, align with this trajectory.ย 

Bitcoinโ€™s recent price gains, with the cryptocurrency hitting all-time highs above $108,000, have also boosted the market for miners. As of 10:54 ET on Jan. 9, 2025, BTC was trading around $94,287.

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