Bitcoin (BTC) miner CleanSpark (CLSK) ended September with record production and a growing BTC treasury as it wrapped up a transformative fiscal year, the company said in a press release Friday.
The Las Vegas-based mining firm produced 629 bitcoin during the month, averaging nearly 21 coins a day, and sold 445 BTC for about $49 million at an average price of $109,568.
Its operational hashrate averaged 45.6 EH/s with fleet efficiency reaching 16.07 J/Th.
The company’s holdings rose to more than 13,000 self-mined BTC, underscoring its strategy of using bitcoin as a core treasury asset.
Over the past year, CleanSpark expanded capacity with the purchase of GRIID Infrastructure, launched a derivatives program to manage volatility and fund operations and strengthened its balance sheet with $650 million in convertible notes and $400 million in bitcoin-backed credit facilities.
Chief executive Matt Schultz said September was “monumental,” in the release, highlighting new leadership appoi
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