CleanSpark Releases February 2025 Bitcoin Mining Update

Core Insights - CleanSpark, Inc. mined 624 bitcoin in February 2025, increasing its total bitcoin treasury by nearly 6% month over month to 11,177 bitcoin [1][10] - The company achieved an average hashrate of 39.07 EH/s and improved average fleet efficiency to 17.07 J/Th, resulting in an average of 22.30 bitcoin mined daily [5][10] - CleanSpark is on track to reach a hashrate of 50 EH/s by June 30, 2025, with ongoing investments to support future growth beyond this target [3][10] Mining Operations - The company removed the last remaining machines from Coinmint in New York, achieving a 100% owned and operated portfolio [3] - CleanSpark has nearly 1 GW of power under contract, with sufficient capacity available for energization to support its growth plans [3] - The peak fleet efficiency at the end of February was 16.82 J/Th, with a single-day high of 23.53 bitcoin mined [5] Financial Performance - CleanSpark sold 2.73 bitcoin in February at an average price of approximately $95,695 per bitcoin [5][10] - The company produced a total of 1,250 bitcoin in the calendar year 2025 [10] Expansion Plans - Ongoing expansions in Georgia aim to enhance existing facilities and add immersion deployments [7] - In Cheyenne, Wyoming, power contracts have been expanded by 35 MW to a total of 110 MW, with further expansions expected [8] - Construction continues in Jackson, Tennessee, for 48 MW of air-cooled infrastructure, which will support approximately 3.1 EH/s [9]