TLDR
- US-based Bitcoin miner CleanSpark has just crossed a major milestone.
- CleanSpark is a publicly traded company under the ticker CLSK.
- The company now holds more than 10,000 Bitcoin in its treasury, making it the fourth miner to hit this benchmark.
- Every single Bitcoin was mined through CleanSpark’s domestic operations.
Here’s why it matters and what CleanSpark’s strategy says about the future of Bitcoin mining. This one is for all of you who are interested in how the TradFi and Crypto worlds intersect. Let’s get after it.
How CleanSpark Got to 10,097 BTC
CleanSpark didn’t just stumble into its 10,000 BTC milestone — it resulted from strategic planning and efficient scaling.
Over the past year, the miner’s Bitcoin reserves grew a staggering 236% year-over-year. That’s huge, especially when the industry as a whole has faced headwinds like volatile Bitcoin prices and increasing mining competition.
Here’s the breakdown:
- Total Bitcoin in Treasury: 10,097 BTC as of January 2025.
- Production in 2024: 7,024 BTC produced, averaging 21.56 BTC mined per day.
- December Surge: 668 BTC mined in December alone, up 7% from November.
This massive production helped CleanSpark join the ranks of other Bitcoin behemoths like Marathon Digital, Riot Platforms, and Hut 8 — all of which also own more than 10,000 BTC.
What CleanSpark’s CEO Had to Say
CleanSpark’s CEO, Zach Bradford, emphasized the company’s focus on efficient and sustainable growth. According to Bradford:
“This accomplishment is a direct result of our unwavering focus on scaling efficiently and responsibly. Every Bitcoin in our treasury has been mined in the United States, supported by American energy and jobs — underscoring our dedication to sustainable growth and innovation in the global Bitcoin ecosystem.”
Translation? They’re not just mining a ton of Bitcoin — they’re doing it in a way that boosts local jobs and infrastructure. For a growing number of crypto enthusiasts, this focus on sustainability and domestic production is a big deal.
Why 10,000 Bitcoin Is Relevant
Crossing the 10,000 BTC line isn’t just about bragging rights or pumping investor confidence — though that doesn’t hurt. Here’s why this milestone is significant:
- Industry Credibility: Joining the 10,000 BTC club cements CleanSpark’s position as a top-tier Bitcoin miner.
- Resilience: While many miners struggled during bear markets, CleanSpark’s year-over-year growth shows it can survive and thrive in tough conditions.
- Strategic Advantage: Holding this much Bitcoin gives CleanSpark more flexibility in navigating market trends. They can sell to cover expenses when prices are high or HODL through dips.
For new Bitcoin enthusiasts, this shows how strategic planning in mining can create long-term stability — even in the famously unstable world of crypto.
Technical Achievements Worth Noting
One of CleanSpark’s most impressive achievements is its operational hash rate — a measure of how much computing power it’s dedicating to mining Bitcoin. Here’s where things stand:
- End-of-Year Hashrate: 39.1 EH/s (exceeding previous guidance).
- Future Goal: Aiming for 50 EH/s by mid-2025.
For context, a higher hash rate means CleanSpark can mine more Bitcoin and better withstand competition from other miners. It’s the crypto version of upgrading to the latest gaming console — you can do more, faster.
CleanSpark’s ability to sustain and grow its hash rate underscores its position as a frontrunner in the mining space. And while 50 EH/s might sound like an arbitrary tech goal, reaching it will further entrench the company’s industry leadership.
2009 Was a Long Time Ago…
For new crypto enthusiasts, CleanSpark’s 10,000 BTC milestone is a reminder of the scale and sophistication of modern Bitcoin mining. It’s no longer about a guy in his garage with a computer — it’s a high-tech, data-driven operation.
CleanSpark’s achievements showcase the potential of enterprise-level mining while highlighting the importance of balancing growth with sustainability. Milestones like this show what’s possible when strategy meets ambition.
