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News

CleanSpark Bitcoin Holdings Has Now Surpassed 10,000 Milestone

56 mins ago - Around 2 mins mins to read

Key Points:

  • The Nasdaq-listed cryptocurrency miner reached 10,097 Bitcoins in its treasury, all mined through U.S.-based operations.
  • CleanSpark Bitcoin holdings have increased by 236% year-over-year, with 668 BTC mined in December 2024 alone.
  • CleanSpark boosted its mining capacity by acquiring seven facilities in Knoxville, Tennessee, and now ranks among the top Bitcoin holders.
Nasdaq-listed cryptocurrency miner CleanSpark has reached 10,000 Bitcoins in its Treasury.
CleanSpark Bitcoin Holdings Has Now Surpassed 10,000 Milestone

Read more: CleanSpark Bitcoin Miners Get 20% Enhanced Mining Efficiency

CleanSpark Bitcoin Holdings Hit 10,000 BTC Milestone

As of January 9, CleanSpark Bitcoin holdings hit 10,097 BTC, all mined from its self-mining operations based in the United States.

This achievement speaks well of efficiency and growth goals in a highly competitive mining field. CleanSpark Bitcoin holdings surged year-over-year by 236%, proving that its strategic emphasis is on mining capacity development along with operational effectiveness.

CleanSpark Widens Mining Capabilities with Facilities Addition

In December 2024, CleanSpark mined 668 BTC to bring its total for the year to 7,024 BTC. Its robust performance was partly contributed by its acquisition of seven mining campuses in Knoxville, Tennessee, which is expected to increase its hash rate by 22%.

The company is now listed as one of the largest Bitcoin miners. Only MicroStrategy and three other mining companies are in possession of more BTC in their treasuries.

CleanSpark also continues to increase its mining potential and is positioning itself well for the upcoming demand in Bitcoin and other cryptocurrencies.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

With a passion for untangling the complexities of the financial world, I’ve spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. “The financial markets are a fascinating puzzle,” I often say, “and I love helping people make sense of them.” That’s what drives me to bring clear and insightful financial journalism to the readers of Coincu.