CleanSpark, a Bitcoin mining company listed on American stock exchanges, has now amassed more than 10,000 Bitcoins in its reserves, an accomplishment that was entirely self-generated through its own mining activities.
CleanSpark announced on January 9th that their Bitcoin (BTC) reserves have grown to a total of 10,097 BTC. This entire amount was mined through their own operations. Reaching this milestone followed the disclosure made on the previous day about mining 668 BTC in December 2024.
The company’s Bitcoin treasury as of the end of last year stood at 9,952 BTC.
Exceeding the 10,000-bitcoin milestone demonstrates CleanSpark’s dedication to top-tier operations, calculated expansion, and prudent financial stewardship,” stated Zach Bradford, CEO and President of CleanSpark.
1) The significant achievement can be attributed to the miner’s commitment and consistent emphasis on both efficiency and accountability. Notably, CleanSpark has experienced an impressive 236% boost in its Bitcoin reserves when compared to the previous year.
The CEO of CleanSpark stated that all the Bitcoins we possess were mined within the U.S., powered by American energy resources and labor, which emphasizes our commitment to eco-friendly progress and technological advancement in the international Bitcoin marketplace.
CleanSpark mined its first BTC in December 2021.
The company’s growth is driven by its expanding mining ventures, which include strategic acquisitions and expansion projects. The purchase of GRIID Infrastructure and the addition of seven new sites in Knoxville, Tennessee, are part of this ongoing growth strategy.
The surge in Bitcoin’s price, which reached unprecedented levels over $108,000, has stimulated demand for mining equipment as well. At 10:54 ET on January 9, 2025, Bitcoin was being exchanged around $94,287.
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2025-01-09 19:11