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CleanSpark Releases August 2025 Bitcoin Mining Update

1. CleanSpark increased average hashrate by 1.4 EH/s in August. 2. The company holds 12,827 BTC, aiming for long-term value. 3. Leadership changes occurred while maintaining operational focus. 4. August production totaled 657 BTC, with significant daily outputs. 5. They achieved an operational hashrate of 50.0 EH/s.

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Why Bullish?

The increase in hashrate and BTC holdings suggests a strong operational performance, potentially leading to positive price movement. Historical instances of operational efficiency improvements in bitcoin mining firms have correlated with stock price increases.

How important is it?

The article provides critical insights into CleanSpark's operational metrics and leadership statements, reflecting on the future profitability and sustainability of their business model, which is crucial for investors.

Why Short Term?

The immediate boost in hashrate and BTC production may positively influence market sentiment and stock price in the coming quarters. Past reports of operational efficiencies have shown to influence price significantly in the short term.

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12,827 BTC in treasury, grew average hashrate by 1.4 EH/s month over month , /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended August 31, 2025.  "I am proud of the work our operations and technology teams accomplished in August as they successfully managed through the summer heat, raising our average operating hashrate month over month," said Taylor Monnig, Chief Technology Officer. "We will continue optimizing our sites ahead of cooler weather and the upcoming miner deployments later this year." "While August was a month of leadership transition, CleanSpark remained unwavering in its focus on operational performance and in continuing to grow our bitcoin treasury to build long-term value for all stakeholders," said Matt Schultz, CEO and Chairman. "Over the past calendar year, we've doubled our hashrate and built a bitcoin treasury of nearly 13,000. We are now focused on maximizing our contracted power through mining and exploring other verticals. We have a proven track record of deliberate, strategic discipline, and I am excited to enter our next phase of growth without ever losing sight of what got us here." August 2025 Bitcoin Mining Highlights (Unaudited) Production Metrics Bitcoin produced 657 Peak single day bitcoin production 21.71 Average daily bitcoin production 21.20 CY2025 bitcoin produced 5,296 Fleet Metrics Operational Hashrate1 50.0 EH/s Average operating hashrate 43.3 EH/s Peak efficiency of deployed fleet 16.07 J/Th Deployed fleet as of August 31 242,222 Bitcoin Treasury Metrics Total bitcoin holdings as of August 312 12,827 Total bitcoin sold 533.5 Total USD proceeds from sale of BTC $60,712,990 Average price per BTC sold $113,800 Bitcoin VWAP3 $114,981 Power Portfolio Metrics GW under contract4 1.03 Utilized MW5 808 1Operational Hashrate refers to the highest hashrate historically achieved concurrently by all installed and functional miners that were: properly racked and configured, supported by energized infrastructure, and capable of actively contributing to our mining pool or directly to the Bitcoin network. 2As of August 31, 2025, CleanSpark's Bitcoin holdings were 12,827 in total (3,026 bitcoin of this amount was posted as collateral). 3Bitcoin VWAP refers to the Volume Weighted Average Price during the referenced monthly period, as sourced from Coinbase. 4GW under contract includes all contracted power capacity for wholly owned or leased sites and excludes any other non-binding arrangements.   5Utilized MW represents the maximum megawatts used concurrently in support of the fleet's Operational Hashrate. About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. We own and operate a portfolio of data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our operations to deliver superior returns to our shareholders. Optimally monetizing low-cost, high reliability electricity positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the impact of the CEO transition on relationships with vendors, regulators, employees and investors and the ability of the executive team to execute on the Company's strategies; completion of construction, regulatory approvals, and electrical power availability to achieve anticipated growth; the success and performance of the digital asset management and derivatives trading activities, which were only recently commenced; the success of our digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation;  the impacts of evolving global and U.S. trade policies and tariff regimes, including that there is uncertainty as to whether the Company will face materially increased tariff liability in respect of miners purchased since 2024 and in the future; the anticipated import and delivery dates of new miners; the ability to successfully import and deploy new miners and other mining equipment; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.   Investor Relations Contact  Harry Sudock702-989-7693 [email protected]  Media Contact Eleni Stylianou 702-989-7694[email protected] SOURCE CleanSpark, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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