Today, CleanSpark, Inc. (Nasdaq: CLSK) announced In June 2025 it generated $61 million from the sale of 578 BTC at a price averaged $105,860. It was over $446 above the volume-weighted average (VWAP), which is calculated monthly.
“Our initial strategies went live, and we are seeing positive proof of concept results in our actively managed spot sales program and derivative overlay,” Gary A. Vecchiarelli, CFO at CleanSpark. “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.”
CleanSpark currently operates 241,227 mine units and owns a bitcoin treasury The company currently holds 12,608 BTC. In terms of bitcoins, this puts the company in seventh place among publicly listed companies around the globe. Each bitcoin held in the company’s treasury was mined by its employees.
“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,” Zach Bradford is the CEO of CleanSpark and its President. “This represents a 9.6% month-over-month increase which further improved our fleet’s energy efficiency to 16.15 J/Th.”
It was also revealed that the company has acquired an extra 179 Megawatts in power capacity. CleanSpark will use this to support future hashrate of more than 10 EH/s as part of its continued infrastructure expansion in four states. At present, CleanSpark uses only 808 out of 987 Megawatts that are under contract.
“Corporations around the globe are embracing the value of a Bitcoin-enhanced balance sheet,” Bradford added. “In fact, corporate Bitcoin acquisitions have outpaced ETF net inflows for the third consecutive quarter. 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.”
“I want to express my gratitude to our team, especially our COO Scott Garrison and CTO Taylor Monnig, for their grit and leadership,” Bradford Commented “With the talent, infrastructure and power contracts in place, CleanSpark is well-positioned to continue scaling.”
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Source: bitcoinmagazine.com
