CleanSpark's March 2025 Bitcoin Mining Update: Record Production and Strategic Growth Insights

CleanSpark's March 2025 Bitcoin Mining Update

CleanSpark, Inc. (Nasdaq: CLSK), known as America's Bitcoin Miner®, has released its unaudited Bitcoin mining update for March 2025, showcasing impressive results and future growth prospects.

• Bitcoin Production Surge: The company produced 706 bitcoins in March, reflecting a 13% increase month-over-month.
• Hashrate Increase: CleanSpark achieved an operating hashrate of 42.4 EH/s, a 4.2% rise from the previous month.
• Strong Treasury Holdings: The company holds 11,869 bitcoins in its treasury, positioning it well for future operations.

"We've remained focused on executing our strategy and have built a strong foundation for scalable growth," said Zach Bradford, CEO of CleanSpark. He emphasized that consistent operational excellence is key to their success, stating, "With nearly a gigawatt of energy under contract and a robust growth pipeline, our future is bright."

Key Highlights of the March Update

• Bitcoin produced: 706
• Total Bitcoin holdings: 11,869
• Month-end operating hashrate: 42.4 EH/s
• Average fleet efficiency: 17.03 J/Th
• Total Bitcoin sold in March: 14.23

The company's average hashrate throughout March was 40.2 EH/s, resulting in an average of 22.78 bitcoins mined daily. Notably, they achieved a single-day high of 23.52 bitcoins mined. The average selling price for the bitcoins sold in March was approximately $87,742.

Expansion Plans

CleanSpark is actively expanding its facilities:

• In Mississippi and Georgia, expansions are expected to add 2 EH/s to the total hashrate.
• In Wyoming, construction is underway for additional computing power of 2.5 EH/s.
• In Tennessee, projects are expected to add nearly 4 EH/s, representing a significant increase in production.

About CleanSpark

CleanSpark is a market leader in Bitcoin mining, optimizing its facilities for superior returns while ensuring energy efficiency and grid sustainability. For more information, visit CleanSpark's website.