Overview
- CleanSpark said October sales of 589 BTC generated over $64 million at an average price of $110,057 per coin.
- The proceeds are being used to secure 271 acres near Houston with 285 megawatts reserved for a dedicated AI facility.
- The company produced 612 BTC in October and still holds about 13,033 BTC as it maintains large‑scale mining operations.
- Industry veteran Jeffrey Thomas is leading the AI initiative, with infrastructure support from immersion cooling partner Submer.
- CEO Matt Schultz has argued miners’ edge lies in rapid deployment and power access, citing a recent win over Microsoft for 100 MW in Cheyenne.