1. CleanSpark achieved a 50 EH/s operational hashrate milestone in June 2025. 2. Company's bitcoin treasury now stands at 12,608 BTC, all self-mined. 3. Expansion includes 179 MW additional power secured for further growth. 4. Average bitcoin sale price reached $105,860, exceeding VWAP by $446. 5. CleanSpark positions itself as leader in efficient, sustainable bitcoin mining.
Achieving operational hashrate milestone and holding significant BTC treasury improves CLSK's competitive position, reminiscent of past performance increases following positive operational updates.
Positive operational achievements, infrastructure expansion, and bitcoin strategy signal strong growth potential directly influencing CLSK's market valuation.
Continued infrastructure expansion and strategic planning indicate sustained future growth potential, similar to prior expansions leading to long-term gains.
12,608 BTC treasury, all self-mined
LAS VEGAS, July 7, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended June 30, 2025.
"June 2025 marked a milestone month for CleanSpark," said Zach Bradford, CEO and President. "We achieved our mid-year target of reaching 50 EH/s of operational hashrate, becoming the first Bitcoin miner to do so entirely through fully self-operated infrastructure. This represents a 9.6% month-over-month increase which further improved our fleet's energy efficiency to 16.15 J/Th."
“I want to express my gratitude to our team, especially our COO Scott Garrison and CTO Taylor Monnig, for their grit and leadership. Under their direction, the tireless efforts of our operations and technology teams resulted in the addition of over 10 EH/s of capacity across four states to achieve the ambitious target. With the talent, infrastructure and power contracts in place, CleanSpark is well-positioned to continue scaling.”
“With 179 megawatts of additional power capacity secured under contract, enough to support more than 10 EH/s of incremental hashrate, we are actively expanding our infrastructure to bring it online. This capacity will power additional deployments designed to drive efficient, sustainable growth. These expansion efforts are the result of deliberate planning and execution across energy procurement, engineering, and site development. And it's only the beginning. We also have a substantial pipeline of additional power under development and research, giving us a clear path into CleanSpark's next phases of long-term, scalable growth.”
As the only large-scale, pure play vertically integrated Bitcoin miner, CleanSpark continues to set the standard for operational excellence and strategic discipline. The Company now holds a bitcoin treasury of 12,608 BTC, ranking seventh among all publicly traded companies worldwide, all generated entirely through self-mining.
"CleanSpark's Digital Asset Management efforts are now live and in the 'crawl phase," said Gary A. Vecchiarelli, CFO. "Our initial strategies went live, and we are seeing positive proof of concept results in our actively managed spot sales program and derivative overlay. June resulted in an average sale price of $105,860 per bitcoin net of customary fees..."
“This is a pivotal moment for Bitcoin,” Bradford added. “Corporations around the globe are embracing the value of a Bitcoin-enhanced balance sheet... At CleanSpark, we've been strategically positioned for this moment from the beginning.”
About CleanSpark: CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Visit our website at www.cleanspark.com.
Forward-Looking Statements: This press release contains forward-looking statements...
Investor Relations Contact: Harry Sudock 702-989-7693
Media Contact: Eleni Stylianou 702-989-7694
SOURCE CleanSpark, Inc.