Key Takeaways:
- CleanSpark now holds 10,097 BTC, all mined in the U.S.
- Their financial discipline and minimal BTC sales show confidence in future growth.
- They’re now the fourth-largest Bitcoin-holding mining company.
CleanSpark just joined an exclusive club of Bitcoin mining giants. The U.S.-based mining firm announced it now holds over 10,000 BTC in reserves. As of January 9, 2025, their total stands at 10,097 BTC. This puts CleanSpark among top miners like MARA Holdings, Riot Platforms, and Hut 8 Mining Corp.
What’s impressive? CleanSpark mined all of this Bitcoin in the United States. That’s a big commitment to domestic energy use and job creation. While many miners sell off coins to cover expenses, CleanSpark plays a different game—they mostly hold what they mine.
Table of Contents
A Year of Massive Growth
CleanSpark’s Bitcoin reserves grew 236% over the past year. In December alone, they mined 668 BTC. For all of 2024, they mined a total of 7,024 BTC. Instead of selling most of it, they added these coins to their reserves.
Holding rather than selling signals long-term belief in Bitcoin’s price potential. While the market saw big ups and downs, CleanSpark’s strategy shows they’re thinking long-term.
Why Their Financial Moves Matter
Unlike many mining companies, CleanSpark doesn’t just mine—they manage risk carefully and use Bitcoin to lower capital costs. That means they avoid unnecessary partnerships that could cost more. This cautious approach to finance sets them apart.
Their strategy proves they’re more than just a miner. They’re a company with a vision.
How CleanSpark Stacks Up
CleanSpark is now the fourth-largest publicly traded Bitcoin holder. Here’s how they compare to others:
- MARA Holdings: 44,893 BTC
- Riot Platforms: 17,722 BTC
- Hut 8 Mining Corp: 10,171 BTC
- CleanSpark: 10,097 BTC
While others sell more frequently, CleanSpark sold only 12.65 BTC in December. That’s a bold move that shows strong confidence in Bitcoin’s future.
More News: BitFuFu Buys 80000 Bitcoin Mining Machines from Bitmain
Smart Growth Moves
CleanSpark isn’t just adding more machines—they’re running smarter. Their hashrate hit 39.1 EH/s by the end of 2024. Even better, their energy efficiency improved 33% compared to 2023.
Big expansions, like acquiring GRIID Infrastructure and building seven new facilities in Knoxville, Tennessee, helped boost capacity.
CleanSpark’s success shows what happens when a mining company combines smart strategy, long-term vision, and belief in Bitcoin’s future.
Even though their stock fell 5.8% on January 9, the milestone of 10,000 BTC is a win for both the company and the entire mining industry.