Mined 671 Bitcoin; Contracted Power Exceeds 1 Gigawatt
LAS VEGAS, Aug. 5, 2025 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), recognized as America’s Bitcoin Miner®, has announced its unaudited production and operational figures for Bitcoin mining during the month concluding on July 31, 2025.
Zach Bradford, the company’s President and CEO, commented, “July proved to be a successful period for both Bitcoin and CleanSpark. With Bitcoin‘s value reaching unprecedented levels, surpassing $120,000, our carefully planned accumulation strategy has been validated, leading to our treasury’s growth to over 12,700 Bitcoin mined internally. Crucially, we have been able to sustain operations through carefully considered Bitcoin sales, facilitating ongoing asset accumulation without resorting to equity funding or diluting shareholder value. Moreover, CleanSpark has successfully contracted for over 1 gigawatt of power, marking a major achievement highlighting the scalability of our infrastructure-focused strategy.”
Bradford further explained, “Although a Southeastern heatwave resulted in temporary power reductions to accommodate increased grid demand in certain regions, our adaptable power agreements and geographically diverse operational locations demonstrated their strategic advantages. Our capacity to aid utility partners during peak demand underscores the increasingly vital role Bitcoin mining can play in enhancing grid stability. This mutually beneficial dynamic has allowed us to secure more than 1 gigawatt of power across four states, putting us in a strong position for future expansion. As we grow, our dedication remains focused on creating lasting shareholder value through expansion, operational excellence, and sustained profitability.”
CleanSpark is scheduled to host a live webcast to discuss its fiscal third-quarter 2025 financial performance, commencing at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time on Thursday, August 7, 2025.
Webcast Details: To register for the webcast, please click here.
Bitcoin Mining Update for July 2025 (Unaudited)
|
Production Statistics |
|
|
Bitcoin Mined |
671 |
|
Highest Single-Day Bitcoin Production |
23.98 |
|
Average Daily Bitcoin Production |
21.65 |
|
Bitcoin Produced Year-to-Date 2025 |
4,639 |
|
Mining Fleet Metrics |
|
|
Operational Hashrate1 |
50.0 EH/s |
|
Average Operating Hashrate |
41.9 EH/s |
|
Average Efficiency of Active Mining Equipment |
16.07 J/Th |
|
Total Miners Deployed as of July 31 |
241,319 |
|
Bitcoin Reserve Statistics |
|
|
Total Bitcoin Holdings as of July 312 |
12,703 |
|
Total Bitcoin Sold |
575.97 |
|
Total USD Revenue from Bitcoin Sales |
$64,710,095 |
|
Average Bitcoin Sale Price |
$112,351 |
|
Bitcoin VWAP3 |
$116,002 |
|
Power Capacity Metrics |
|
|
Contracted Gigawatts4 |
1.03 |
|
Megawatts in Use5 |
808 |
|
1Operational hashrate signifies the highest achieved concurrent hashrate from all operational miners: properly installed and configured, supported by active infrastructure, and actively contributing to the mining pool or Bitcoin network. 2CleanSpark’s Bitcoin holdings totaled 12,703 as of July 31, 2025, with 2,341 Bitcoin held as collateral. 3Bitcoin VWAP reflects the Volume Weighted Average Price during the specified period, according to Coinbase data. 4Contracted gigawatts encompasses all committed power capacity for company-owned or leased locations, excluding non-binding agreements. 5Megawatts in use denotes the peak concurrent megawatt consumption supporting the fleet’s operational hashrate during the month. |
About CleanSpark
CleanSpark (Nasdaq: CLSK), recognized as America’s Bitcoin Miner®, is a leading firm solely focused on Bitcoin mining, demonstrated by a history of achievement. The company possesses and manages a network of mining sites across the United States, taking advantage of competitive global energy rates. By uniting Bitcoin, energy resources, optimal operations, and sound financial management, CleanSpark maximizes its mining operations to provide outstanding returns for its shareholders. Utilizing affordable, reliable energy to secure a critical global resource – Bitcoin – allows CleanSpark to flourish in a constantly evolving market. Visit www.cleanspark.com to learn more.
Disclaimer Regarding Forward-Looking Statements
This communication features predictions defined as forward-looking statements under the Private Securities Litigation Reform Act of 1995. Within this document, these declarations cover, but are not limited to, expectations, beliefs, strategies, and intentions of CleanSpark. Recognition of these statements can often be identified through terms such as “potential,” “forecasts,” “continue,” “plans,” “estimates,” “predicts,” “expects,” “will,” “targets,” “should,” “anticipates,” “could,” “may,” “intends,” “projects,” “contemplates,” “believes,” or similar expressions, including their negative forms. These forward-looking perspectives carry inherent uncertainties, recognized and unrecognized risks, and various influencing elements that could precipitate a substantial deviation in our actual outcomes, accomplishments, or operational results relative to the suggestions expressed or implied by such declarations. This includes, but is not restricted to: construction progress, regulatory compliance, and availability of electrical resources impacting intended growth; success of digital asset management and trading activities; success in mining digital currency; impact from modifications or uncertainties in U.S. import duties, potentially affecting mining equipment costs; reliance on energy pricing structures and state-sponsored incentive programs; third-party dependence for energy provision during expansion; realization of revenue expectations; other hazards documented in CleanSpark’s public releases and filings with the SEC, encompassing the “Risk Factors” segments contained therein. The statements contained within are made as of the current date, and CleanSpark undertakes no obligation to update or amend any such predictions to reflect new information, circumstances, or subsequent events, except as mandated by prevailing legal requirements.
Investor Relations Contact
Harry Sudock
702-989-7693
[email protected]
Media Contact
Eleni Stylianou
702-989-7694
[email protected]
SOURCE CleanSpark, Inc.