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    Home»Bitcoin»CleanSpark Announces Mining 685 Bitcoin Worth Over $74 Million In June
    Bitcoin

    CleanSpark Announces Mining 685 Bitcoin Worth Over $74 Million In June

    Finance Insider TodayBy Finance Insider TodayJuly 8, 2025No Comments3 Mins Read
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    Right now, CleanSpark, Inc. (Nasdaq: CLSK) announced it mined 685 bitcoin in June 2025, producing over $61 million in income from 578 BTC bought at a mean worth of $105,860. This surpassed the month’s quantity weighted common worth (VWAP) by $446.

    Introducing $CLSK‘s June Bitcoin mining replace as of June 30, 2025:
     
    *Bitcoin produced in June: 685
    *Operational hashrate: 50.0 EH/s
    **First Bitcoin miner to realize milestone totally by way of absolutely self-operated infrastructure ⭐️
    **9.6% month-over-month improve 💫
    *Common… pic.twitter.com/cJsQ50rAcB

    — CleanSpark Inc. (@CleanSpark_Inc) July 7, 2025

    “Our preliminary methods went stay, and we’re seeing optimistic proof of idea leads to our actively managed spot gross sales program and by-product overlay,” acknowledged the CFO of CleanSpark Gary A. Vecchiarelli. “June resulted in a mean sale worth of $105,860 per bitcoin internet of customary charges, which is $446 above VWAP for a similar interval, not together with the premiums acquired from by-product transactions. Whereas these methods are nonetheless evolving, I’m pleased with the institutional-grade self-discipline and efficiency our treasury workforce is already demonstrating.”

    CleanSpark now operates 241,227 mining models and holds a bitcoin treasury of 12,608 BTC. This ranks the corporate seventh amongst all publicly traded firms worldwide in bitcoin holdings. Each bitcoin in its treasury has been mined internally.

    “We achieved our mid-year goal of reaching 50 EH/s of operational hashrate, turning into the primary Bitcoin miner to take action totally by way of absolutely self-operated infrastructure,” mentioned the CEO and President of CleanSpark Zach Bradford. “This represents a 9.6% month-over-month improve which additional improved our fleet’s power effectivity to 16.15 J/Th.”

    The corporate additionally introduced that it has secured an extra 179 megawatts of energy capability. This may help greater than 10 EH/s of future hashrate as a part of CleanSpark’s continued infrastructure growth throughout 4 states. Presently, the corporate makes use of 808 megawatts out of 987 megawatts below contract.

    “Firms across the globe are embracing the worth of a Bitcoin-enhanced stability sheet,” Bradford added. “In reality, company Bitcoin acquisitions have outpaced ETF internet inflows for the third consecutive quarter. At CleanSpark, we’ve been strategically positioned for this second from the start. Fairly than buying bitcoin on the open market, we invested in geographically various knowledge heart infrastructure backed by low-cost power, enabling us to supply bitcoin at prices properly beneath market worth.”

    “I need to categorical my gratitude to our workforce, particularly our COO Scott Garrison and CTO Taylor Monnig, for his or her grit and management,” Bradford commented. “With the expertise, infrastructure and energy contracts in place, CleanSpark is well-positioned to proceed scaling.”





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