US Bitcoin miner CleanSpark reached a major milestone in January by surpassing 10,000 Bitcoin in its treasury, all mined from its domestic operations.
The milestone also reflects a remarkable 236% year-over-year increase in CleanSpark’s Bitcoin-denominated treasury.
CleanSpark Surpasses 10,000 Bitcoin Milestone with US Mining Operations
In an announcement on January 9, CleanSpark CEO Zach Bradford attributed the 10,000 Bitcoin achievement to the company’s efficient scaling.
“This accomplishment is a direct result of our unwavering focus on scaling efficiently and responsibly. Every Bitcoin in our treasury has been mined in the United States, supported by American energy and jobs—underscoring our dedication to sustainable growth and innovation in the global Bitcoin ecosystem,” the CEO said.
CleanSpark now holds 10,097 BTC in its treasury, all mined from its US operations. Bitcoin treasuries data showed that, in addition to CleanSpark, Bitcoin miners like Marathon Digital, Riot Platforms, and Hut 8 also own 10,000 Bitcoin in their treasuries.
CleanSpark achieved the milestone following its surge in production in December.
In December alone, CleanSpark said it produced 668 Bitcoin, up 7% compared to November. This brought its total production for 2024 to 7,024 Bitcoin. According to Farside Investors, CleanSpark was also the second-highest producer of Bitcoin in December, behind Marathon Digital.
Throughout the month, CleanSpark’s mining operations reached an average of 21.56 Bitcoin per day, with a single-day high of 22.46 Bitcoin mined. The miner also sold 12.65 Bitcoin in December at an average price of approximately $101,246 per Bitcoin.
CleanSpark finished the year with an impressive 39.1 EH/s in operational hashrate, exceeding its guidance. The mining company also added that it is now well-positioned to achieve its next target of 50 EH/s by mid-2025, a goal that will further cement its leadership in the industry.
In addition to its technical achievements, CleanSpark expanded its operations across the US. The company entered three new states in 2024 – Mississippi, Tennessee, and Wyoming.
However, miner revenues experienced a drop in January following a dip in Bitcoin prices. During press time, Bitcoin is trading at $93,981, down 0.6% over the past 24 hours.
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