CleanSpark Unveils July 2025 Update on Bitcoin Mining Operations

CleanSpark Achieves Significant Bitcoin Milestones in July 2025

Produced 671 bitcoin and surpassed 1 GW in contracted power

LAS VEGAS, Aug. 5, 2025 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), the leading Bitcoin Miner® in the U.S., has released its unaudited Bitcoin mining and operations update for the month ending July 31, 2025.

Outstanding Performance in Bitcoin Production

According to Zach Bradford, President and CEO of CleanSpark, July has proven to be an extraordinary month for both the company and Bitcoin. He highlighted that “with Bitcoin hitting new all-time highs above $120,000, our disciplined accumulation strategy was validated, leading to a treasury growing to over 12,700 self-mined bitcoin. Crucially, we continued to self-fund our operations through strategic Bitcoin sales, which has allowed us to accumulate further while preventing any reliance on equity financing or shareholder dilution. Furthermore, our total contracted power has now exceeded 1 gigawatt—this is a significant milestone that showcases the scalability inherent in our infrastructure-first approach.”

The Role of Bitcoin Mining in Grid Stability

Bradford also noted the challenges posed by a recent heatwave in the Southeast, which required periodic load reductions in response to heightened grid demands across various regions. However, he expressed confidence in the company’s flexible power agreements and geographically diverse strategy, stating, “Our ability to support utility partners during peak demand periods underscores the increasingly vital role Bitcoin mining can have in ensuring grid stability. This symbiotic relationship has enabled us to secure over 1 gigawatt of power across four states, positioning us well for future expansion.” As the company continues to grow, Bradford reiterated a focus on delivering durable shareholder value through scale, operational efficiency, and long-term profitability.

CleanSpark plans to discuss its financial results for the third fiscal quarter of 2025 through a live webcast. The event is scheduled for 4:30 p.m. EST / 1:30 p.m. PST on Thursday, August 7, 2025.

Webcast Information

If you’re interested in attending the webcast, you can register by clicking here.

July 2025 Bitcoin Mining Highlights (Unaudited)

Production Metrics

Fleet Metrics

Bitcoin Treasury Metrics

Power Portfolio Metrics

Conclusion

CleanSpark continues to make remarkable strides in the Bitcoin mining industry, achieving significant production metrics and operational efficiency. The company’s innovative approach not only enhances its financial stability but also contributes positively to the electrical grid. As CleanSpark gears up for future expansions, it remains steadfast in its commitments to operational excellence and delivering shareholder value.

About CleanSpark

About CleanSpark
CleanSpark (Nasdaq: CLSK) is a market-leading, pure-play Bitcoin miner that boasts a strong track record of success. With operations spread across the United States, the company capitalizes on globally competitive energy prices. Positioned at the intersection of Bitcoin, energy, operational excellence, and capital stewardship, CleanSpark enhances its mining facilities for maximum shareholder returns. By utilizing low-cost, reliable energy, CleanSpark aims to secure the highly sought-after asset—Bitcoin—ensuring profitability in a dynamically evolving sector. For more information, please visit www.cleanspark.com.

Forward-Looking Statements

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies may be considered forward-looking. Such statements can be identified by terms like “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” and similar terms. These forward-looking statements are subject to various risks, uncertainties, and factors that could materially affect actual results. These include, but are not limited to: completion of construction, regulatory approvals, and electricity availability; the impact of U.S. import tariff changes; dependency on utility rates and government incentives; expansion risks; and others as described in the Company’s prior press releases and SEC filings. Forward-looking statements are made only as of the date of the release, and the Company assumes no obligation to update or revise them except as required by law.

Contact Information

Investor Relations Contact
Harry Sudock
702-989-7693
[email protected] 

Media Contact
Eleni Stylianou
702-989-7694
[email protected]

SOURCE CleanSpark, Inc.