Particle.news

Download on the App Store

CleanSpark Lifts Bitcoin Treasury to 13,011 BTC in September Update

The miner leans into self-operated scale with bitcoin-backed financing to institutionalize its strategy.

Overview

  • The company produced 629 BTC in September and sold 445 BTC for about $49 million at an average price of $109,568.
  • CleanSpark ended the month with 13,011 BTC after a net addition of 184 BTC from September activity.
  • Operational hashrate averaged 45.6 EH/s with fleet efficiency at 16.07 J/Th, with some reports citing a 50 EH/s peak.
  • Power capacity totals 1.03 GW under contract with 808 MW currently in use, underscoring a self-operated footprint.
  • Balance sheet moves include $650 million in convertible notes, $400 million in bitcoin-backed credit facilities and a $200 million increase in credit capacity alongside formalized leadership appointments.