Bitcoin Miner CleanSpark Hits 10,000 BTC in Treasury Milestone

CleanSpark Inc has reached a major milestone. The company now holds over 10,000 Bitcoins in its treasury, marking significant growth in the Bitcoin mining sector. This achievement puts CleanSpark among the largest publicly traded companies with Bitcoin reserves.

CleanSpark’s Growth and Market Impact

In December 2024, CleanSpark achieved an average hash rate of 35.52 EH/s. This led to a total reward of 21.56 BTC. Although the company sold 12.65 Bitcoins at just above $101,000 each, the treasury still grew. 

CleanSpark’s expanding operations in the U.S., including Wyoming, have played a big part in this success. As a result, CleanSpark now ranks among the “whale” holders in the Bitcoin space.

CleanSpark’s Vision and Bitcoin’s Future

CleanSpark’s stock price is closely tied to Bitcoin’s performance. In the last three months, the company’s stock has gained 14%, reaching a value of $10.09. CleanSpark’s growing Bitcoin reserves and its support for the Bitcoin network reinforce the company’s belief in Bitcoin’s future. 

CEO Bradford believes the Bitcoin price could soon hit $200,000, driven by institutional interest and nation-state adoption. CleanSpark plays a critical role in Bitcoin’s mainstream acceptance, ensuring the blockchain remains stable as it grows. 

The company’s approach to securing Bitcoin and supporting its network is paving the way for decentralized finance. CleanSpark’s vision for the future positions the company to capitalize on Bitcoin’s rising value.