CleanSpark Sells 553 BTC for $36.6M

Nasdaq-listed Bitcoin mining company CleanSpark reported selling 553 BTC in February for approximately $36.6 million. The sale represents nearly all of the Bitcoin produced during the month. CleanSpark mined 568 BTC in February according to its latest operational update.

Despite selling most of its monthly production, the company continues to hold a large Bitcoin treasury. As of Feb. 28, CleanSpark held 13,363 BTC on its balance sheet. About 1,086 BTC are currently pledged or receivable in connection with derivatives transactions.

At the same time, the company continues to expand its mining infrastructure. CleanSpark finalized the acquisition of a second campus in Texas. The new site adds 300 megawatts of ERCOT-approved power capacity to the company’s operations.

Expanding Hashrate and Infrastructure

By the end of February, CleanSpark operated a fleet of 235,588 mining machines. The company reported a peak hashrate of 50 EH/s and an average hashrate of 43.2 EH/s.

CleanSpark’s power portfolio continues to grow rapidly. The company now has contracts for approximately 1.8 gigawatts of power capacity. Of this amount, about 808 megawatts are currently active.

Key metrics include:

• BTC mined in February: 568 BTC;
• BTC sold: 553 BTC;
• sale value: $36.6 million;
• BTC treasury: 13,363 BTC;
• mining fleet: 235,588 machines;
• peak hashrate: 50 EH/s.

CleanSpark is also preparing part of its infrastructure for artificial intelligence workloads and high-performance computing.

Industry Shift Toward AI Infrastructure

The Bitcoin mining sector is evolving rapidly. Many operators are expanding into artificial intelligence and high-performance computing.

These projects allow companies to monetize energy-intensive data center infrastructure beyond cryptocurrency mining.

As a result, Bitcoin sales are increasingly used as a funding mechanism for long-term infrastructure development.

Read also: Bitcoin Mining Industry Shifts Toward AI