Bitcoin miner CleanSpark hits 10,000 BTC in its treasury

CleanSpark, a US-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury; This is a milestone achieved thanks to entirely self-owned mining operations.

According to the announcement shared by CleanSpark on January 9, the Bitcoin (BTC) treasury reached 10,097 BTC, all of which were mined through its own activities. This milestone comes a day after the company announced that it would issue 668 BTC in December 2024.

The company’s Bitcoin treasury stood at 9,952 BTC as of the end of last year.

“Exceeding the 10,000 Bitcoin mark reflects CleanSpark’s commitment to operational excellence, strategic growth and disciplined capital management,” said CleanSpark Chief Executive Officer and President Zach Bradford.

This milestone is a result of the miner’s dedication and unwavering focus on efficiency and responsibility. CleanSpark’s BTC assets increased by 236% compared to the previous year.

“Every bitcoin in our treasury is mined in the United States, backed by American energy and jobs, underscoring our commitment to sustainable growth and innovation in the global bitcoin ecosystem,” CleanSpark CEO added.

CleanSpark mined its first BTC in December 2021.

The growth was driven by diversification of the company’s mining portfolio; Acquisitions and other expansion efforts were also key. The company’s acquisition of GRIID Infrastructure and seven new facilities in Knoxville, Tennessee, is in line with this trend.

Bitcoin’s recent price gains and the cryptocurrency’s rise to an all-time high above $108,000 have also supported the market for miners. As of 10:54 AM ET on January 9, 2025, BTC was trading around $94,287.