Rewards Hub CleanSpark, a Bitcoin mining company, reported producing 568 BTC in February and selling 553 BTC, achieving a 97% sales-to-production ratio. The sales, at an average price of $66,279 per Bitcoin, generated approximately $36.65 million. This revenue will support CleanSpark's expansion into AI and high-performance computing data centers. As of February 28, the company held 13,363 BTC, with 1,086 pledged as collateral or related to derivative transactions. CleanSpark's operational hash rate reached 50 EH/s, representing about 7% of the global total.
CleanSpark Sells 553 BTC for $36.65M in February, Funds AI Expansion
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