• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    CleanSpark Releases June 2025 Bitcoin Mining Update

    7/7/25 8:00:00 AM ET
    $CLSK
    Finance: Consumer Services
    Finance
    Get the next $CLSK alert in real time by email

    Company achieves 50 EH/s mid-year target

    12,608 BTC treasury, all self-mined

    LAS VEGAS, July 7, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended June 30, 2025. 

    CleanSpark, Inc. Logo (PRNewsfoto/CleanSpark, Inc.)

    "June 2025 marked a milestone month for CleanSpark," said Zach Bradford, CEO and President. "We achieved our mid-year target of reaching 50 EH/s of operational hashrate, becoming the first Bitcoin miner to do so entirely through fully self-operated infrastructure. This represents a 9.6% month-over-month increase which further improved our fleet's energy efficiency to 16.15 J/Th. I want to express my gratitude to our team, especially our COO Scott Garrison and CTO Taylor Monnig, for their grit and leadership. Under their direction, the tireless efforts of our operations and technology teams resulted in the addition of over 10 EH/s of capacity across four states to achieve the ambitious target. With the talent, infrastructure and power contracts in place, CleanSpark is well-positioned to continue scaling."

    "With 179 megawatts of additional power capacity secured under contract, enough to support more than 10 EH/s of incremental hashrate, we are actively expanding our infrastructure to bring it online. This capacity will power additional deployments designed to drive efficient, sustainable growth. These expansion efforts are the result of deliberate planning and execution across energy procurement, engineering, and site development. And it's only the beginning. We also have a substantial pipeline of additional power under development and research, giving us a clear path into CleanSpark's next phases of long-term, scalable growth."

    As the only large-scale, pure play vertically integrated Bitcoin miner, CleanSpark continues to set the standard for operational excellence and strategic discipline. The Company now holds a bitcoin treasury of 12,608 BTC, ranking seventh among all publicly traded companies worldwide1, all generated entirely through self-mining.

    "CleanSpark's Digital Asset Management efforts are now live and in the 'crawl phase," said Gary A. Vecchiarelli, CFO. "Our initial strategies went live, and we are seeing positive proof of concept results in our actively managed spot sales program and derivative overlay. June resulted in an average sale price of $105,860 per bitcoin net of customary fees, which is $446 above VWAP for the same period, not including the premiums received from derivative transactions. While these strategies are still evolving, I'm proud of the institutional-grade discipline and performance our treasury team is already demonstrating."

    "This is a pivotal moment for Bitcoin," Bradford added. "Corporations around the globe are embracing the value of a Bitcoin-enhanced balance sheet. In fact, corporate Bitcoin acquisitions have outpaced ETF net inflows for the third consecutive quarter2. At CleanSpark, we've been strategically positioned for this moment from the beginning. Rather than acquiring bitcoin on the open market, we invested in geographically diverse data center infrastructure backed by low-cost energy, enabling us to produce bitcoin at costs well below market price. Having achieved escape velocity, we are now focused on continuous optimization, responsible growth, increasing operating leverage, and delivering sustained value to our shareholders."

    June 2025 Bitcoin Mining Highlights (Unaudited)



    Production Metrics

    Bitcoin produced

    685

    Peak single day bitcoin production

    23.97

    Average daily bitcoin production

    22.82

    CY2025 bitcoin produced

    3,968



    Fleet Metrics

    Operational hashrate3

    50.0 EH/s

    Average operating hashrate

    45.3 EH/s

    Average efficiency of deployed fleet

    16.15 J/Th

    Deployed fleet as of June 30

    241,227



    Bitcoin Treasury Metrics

    Total bitcoin holdings as of June 304

    12,608

    Total bitcoin sold

    578.51

    Total USD proceeds from sale of BTC

    $61,241,239

    Average price per BTC sold

    $105,860

    Bitcoin VWAP5

    $105,414



    Power Portfolio Metrics

    MW under contract6

    987 MW

    Utilized MW7

    808 MW



    1Source: BitcoinTreasuries.net, July 2025. 



    2CNBC, "Corporate Bitcoin Buying Outpaces ETFs," June 2025.



    3Operational hashrate is the maximum hashrate achieved concurrently by all functioning miners that were powered on, properly configured, and actively contributing to our mining pool or the Bitcoin network during the month.

    4As of June 30, 2025, CleanSpark's Bitcoin holdings were 12,608 in total (2,533 bitcoin of this amount was posted as collateral).



    5Bitcoin VWAP refers to the Volume Weighted Average Price during the referenced period, as sourced from Coinbase.



    6MW under contract includes all contracted power capacity for wholly owned or leased sites and excludes any other non-binding arrangements.



    7Utilized MW represents the maximum megawatts used concurrently in support of the fleet's operational hashrate during the month.



    About CleanSpark

    CleanSpark (NASDAQ:CLSK), America's Bitcoin Miner®, is a market-leading, pure play Bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com.

    Forward-Looking Statements 

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: completion of construction, regulatory approvals, and electrical power availability to achieve the growth targets; the success and performance of the digital asset management and derivatives trading activities, which were only recently commenced; the success of our digital currency mining activities; the impact of the changes to, and uncertainty surrounding, the U.S. import tariff regime, including the potential resulting impact on the cost of miners purchased by the Company; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.  

    Investor Relations Contact  

    Harry Sudock

    702-989-7693 

    [email protected] 

    Media Contact 

    Eleni Stylianou

    702-989-7694

    [email protected]

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cleanspark-releases-june-2025-bitcoin-mining-update-302498650.html

    SOURCE CleanSpark, Inc.

    Get the next $CLSK alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $CLSK

    DatePrice TargetRatingAnalyst
    7/1/2025$16.00Buy
    B. Riley Securities
    5/21/2025$20.00Buy
    Chardan Capital Markets
    2/12/2025$20.00Buy
    Needham
    1/27/2025$19.00Outperform
    Keefe Bruyette
    12/10/2024$10.50 → $17.00Neutral → Overweight
    Analyst
    9/25/2024$20.00Outperform
    Macquarie
    12/8/2023$9.00 → $8.00Overweight → Neutral
    JP Morgan
    10/31/2023$5.30Outperform
    Bernstein
    More analyst ratings

    $CLSK
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • CleanSpark Releases June 2025 Bitcoin Mining Update

      Company achieves 50 EH/s mid-year target 12,608 BTC treasury, all self-mined LAS VEGAS, July 7, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended June 30, 2025.  "June 2025 marked a milestone month for CleanSpark," said Zach Bradford, CEO and President. "We achieved our mid-year target of reaching 50 EH/s of operational hashrate, becoming the first Bitcoin miner to do so entirely through fully self-operated infrastructure. This represents a 9.6% mo

      7/7/25 8:00:00 AM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • CleanSpark Reaches 50 EH/s Milestone; Escape Velocity in Action

      First publicly traded miner to reach this scale with fully self-operated infrastructure  LAS VEGAS, June 24, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner®, today announced it has achieved its mid-year target of 50 exahashes per second (EH/s) of operational hashrate, a measure of computing power dedicated to mining Bitcoin.  "Reaching 50 EH/s is a major milestone. It reflects years of focused strategy, disciplined execution, and a relentless commitment to doing things the right way," said Zach Bradford, CleanSpark's CEO and President. "This growt

      6/24/25 7:00:00 AM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • CleanSpark Releases May 2025 Bitcoin Mining Update

      Approaches 50 EH/s milestone with fully self-operated infrastructure Doubles BTC treasury year-over-year to 12,502 and expands contracted power capacity to 987 MW LAS VEGAS, June 3, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended May 31, 2025.  "May was a strong execution month for CleanSpark as we continued to advance toward key growth targets," said Zach Bradford, CEO and President. "We increased our month-end hashrate to 45.6 EH/s, up 7.5% seq

      6/3/25 9:00:00 AM ET
      $CLSK
      Finance: Consumer Services
      Finance

    $CLSK
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • B. Riley Securities initiated coverage on CleanSpark with a new price target

      B. Riley Securities initiated coverage of CleanSpark with a rating of Buy and set a new price target of $16.00

      7/1/25 8:17:42 AM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • Chardan Capital Markets resumed coverage on CleanSpark with a new price target

      Chardan Capital Markets resumed coverage of CleanSpark with a rating of Buy and set a new price target of $20.00

      5/21/25 8:00:23 AM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • Needham initiated coverage on CleanSpark with a new price target

      Needham initiated coverage of CleanSpark with a rating of Buy and set a new price target of $20.00

      2/12/25 7:00:38 AM ET
      $CLSK
      Finance: Consumer Services
      Finance

    $CLSK
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Beynon Roger Paul sold $525,285 worth of shares (50,000 units at $10.51), decreasing direct ownership by 28% to 125,511 units (SEC Form 4)

      4 - CLEANSPARK, INC. (0000827876) (Issuer)

      5/21/25 8:52:39 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • Chief Technology Officer Monnig Taylor covered exercise/tax liability with 239 shares, decreasing direct ownership by 0.12% to 201,042 units (SEC Form 4)

      4 - CLEANSPARK, INC. (0000827876) (Issuer)

      5/15/25 6:55:33 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • Chief Operating Officer Garrison Scott Eugene covered exercise/tax liability with 1,198 shares, decreasing direct ownership by 0.61% to 194,861 units (SEC Form 4)

      4 - CLEANSPARK, INC. (0000827876) (Issuer)

      5/15/25 6:52:38 PM ET
      $CLSK
      Finance: Consumer Services
      Finance

    $CLSK
    SEC Filings

    See more
    • SEC Form 144 filed by CleanSpark Inc.

      144 - CLEANSPARK, INC. (0000827876) (Subject)

      5/15/25 6:51:54 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • SEC Form 144 filed by CleanSpark Inc.

      144 - CLEANSPARK, INC. (0000827876) (Subject)

      5/15/25 6:43:54 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • SEC Form S-8 filed by CleanSpark Inc.

      S-8 - CLEANSPARK, INC. (0000827876) (Filer)

      5/8/25 5:20:42 PM ET
      $CLSK
      Finance: Consumer Services
      Finance

    $CLSK
    Leadership Updates

    Live Leadership Updates

    See more
    • CleanSpark Set to Join the S&P SmallCap 600® Index

      LAS VEGAS, March 10, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 24, 2025. The S&P SmallCap 600 Index seeks to measure the small-cap segment of the U.S. equity market.  "CleanSpark's inclusion in the S&P SmallCap 600 index is another significant milestone for our employees, investors and management team, and is an important recognition of our consistent performance," said Zach Bradford, CEO of CleanSpark. "Our inclu

      3/10/25 9:00:00 AM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P

      3/7/25 6:19:00 PM ET
      $ALK
      $AMBC
      $ATI
      $BBWI
      Air Freight/Delivery Services
      Consumer Discretionary
      Property-Casualty Insurers
      Finance
    • CleanSpark Names Chief Accounting Officer

      Brian Carson was promoted from his previous role, director of financial reporting LAS VEGAS, Oct. 7, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), has announced the appointment of Brian Carson as chief accounting officer. In his prior role as director of financial reporting at CleanSpark, Carson led teams responsible for financial closing activities, report management, spend analysis, system-implementations, training, and auditing. He successfully maneuvered ever-changing rules in the cryptocurrency industry to ensure short- and

      10/7/24 4:36:00 PM ET
      $CLSK
      Finance: Consumer Services
      Finance

    $CLSK
    Financials

    Live finance-specific insights

    See more
    • CleanSpark Reports Second Quarter Fiscal 2025 Results

      $181.7M quarterly revenue, up 62.5% from prior year Bitcoin production grew to 1,957, with an average revenue per coin of $92,811 LAS VEGAS, May 8, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended March 31, 2025. "This was a quarter defined by discipline, scale, and continued strategic clarity," said Zach Bradford, CleanSpark's CEO. "As other players shift direction or decelerate growth, CleanSpark has doubled down on being the only remaining pure-play, public bitcoin miner. W

      5/8/25 4:05:00 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • CleanSpark Reports Fiscal Year First Quarter 2025 Results

      $162.3M quarterly revenue, up 120% from prior year $241.7M quarterly net income and basic EPS of $0.85 Marginal cost per coin decreases 6% to ~$34,000 at owned facilities LAS VEGAS, Feb. 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended December 31, 2024. "This quarter we saw the impact of continuous improvements across what we believe to be the most important industry metrics: operating hashrate, fleet efficiency, marginal cost to mine, bitcoin treasury, and portfolio uptime

      2/6/25 4:05:00 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • CleanSpark Reports Record-Breaking FY 2024 Results: Outpacing Halving and Difficulty

      Revenue grows 125% year over year  Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS VEGAS, Dec. 2, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the fiscal year ended September 30, 2024. "Our performance this year reflects a sustained growth trajectory, solidifying our position as one of the top Bitcoin miners in the world, as we move into an anticipated new bull market," said CleanSpark CEO Zach Bradford. "Reflecting on the past year, our results in FY 2024 and the positioning o

      12/2/24 4:05:00 PM ET
      $CLSK
      Finance: Consumer Services
      Finance

    $CLSK
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by CleanSpark Inc.

      SC 13G/A - CLEANSPARK, INC. (0000827876) (Subject)

      11/12/24 2:31:49 PM ET
      $CLSK
      Finance: Consumer Services
      Finance
    • Amendment: SEC Form SC 13G/A filed by CleanSpark Inc.

      SC 13G/A - CLEANSPARK, INC. (0000827876) (Subject)

      11/4/24 11:26:29 AM ET
      $CLSK
      Finance: Consumer Services
      Finance