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 company’s Bitcoin treasury as of the end of last year stood at 9,952 BTC.
“Surpassing the 10,000-bitcoin mark reflects CleanSpark’s commitment to operational excellence, strategic growth, and disciplined capital management,” said Zach Bradford, chief executive officer and president of CleanSpark.
The milestone is a result of the miner’s dedication and unwavering focus on efficiency and responsibility. CleanSpark has seen a 236% year-over-year increase in its BTC holdings.
“Every bitcoin in our treasury has been mined in the United States, supported by American energy and jobs—underscoring our dedication to sustainable growth and innovation in the global bitcoin ecosystem,” the CleanSpark chief executive added.
CleanSpark mined its first BTC in December 2021.
Growth has come amid diversification of the company’s mining portfolio, with acquisitions and other expansion efforts key to this. The company’s acquisition of GRIID Infrastructure and seven new facilities in Knoxville, Tennessee, align with this trajectory.
Bitcoin’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.
Source: https://crypto.news/bitcoin-miner-cleanspark-hits-10000-btc-in-its-treasury/