The U.S.-based Bitcoin miner CleanSpark has announced a significant milestone, surpassing 10,000 BTC in its treasury entirely through its self-mining operations.
Reaching 10,000 BTC
According to a January 9 announcement, CleanSpark's Bitcoin treasury has reached 10,097 BTC, all mined through its own operations. As of the end of last year, the company's treasury held 9,952 BTC.
Quotes from CleanSpark's Leadership
“Surpassing the 10,000-bitcoin mark reflects CleanSpark’s commitment to operational excellence, strategic growth, and disciplined capital management,” stated Zach Bradford, CleanSpark's CEO and president.
Company's Growth and Expansion
CleanSpark's growth is accompanied by diversification of its mining portfolio, with acquisitions and expansion efforts playing a key role. The acquisition of GRIID Infrastructure and seven new facilities in Knoxville, Tennessee, aligns with this trajectory. Bitcoin's recent price rally, reaching all-time highs above $108,000, has further supported the market for miners.
Surpassing the 10,000 BTC mark showcases CleanSpark's success in synchronizing efficiency with strategic expansion. The company remains a steadfast player in the market, fueling growth in the mining sector through innovation and adaptation to market changes.
