CleanSpark recently announced reaching a milestone by joining a small but unique circle of mining firms holding over 10,000 BTC. This development shows a change in how mining companies manage their treasury operations.
CleanSpark Mining Operations & Growth
Going into 2025, CleanSpark has built its treasury to now hold 10,097 BTC, now sitting third in global mining rankings. The company started its mining operations in December 2021, making this achievement more impressive.
The company’s growth shows impressive numbers across different metrics. For one, its Bitcoin holdings went up by 236% in comparison to the previous year. It is also worth noting that its hash rate reached 39.1 exahashes per second by last year’s end. This represents an increase close to 290% from the previous year’s showing.
In addition, CleanSpark improved its efficiency, reaching a figure of 17.59 joules per terahash. This allowed it to maximize production while minimizing energy consumption. December 2024 proved particularly productive for mining operations across the United States. CleanSpark mined 668 BTC during the month, while Marathon Digital produced Mara 890 BTC. Riot Platforms came in third place by slightly exceeding the 500 BTC mark. These numbers reflect the growing capacity of U.S.-based mining operations.
Top 3 Bitcoin Mining Firms. Bitbo.io
Evolution of Treasury Management
The mining landscape is seeing strategic shifts in operational approaches. Companies are expanding their infrastructure through both new facilities and acquisitions. CleanSpark added seven mining campuses in Tennessee, while also establishing operations in Mississippi and Wyoming.
Rather than immediately selling mined Bitcoin, firms increasingly hold onto their assets. CleanSpark demonstrated this trend by selling only 12.65 BTC in December, despite mining 668 BTC during the same period.
