CleanSpark Boosts Bitcoin Holdings 6% in February

CleanSpark Boosts Bitcoin Stash by 6% in February: A Simple Breakdown

Starting Strong: A Big Month for Bitcoin Mining

In the fast-changing world of cryptocurrency, a company named CleanSpark has been making big moves. In February 2025, they mined 624 Bitcoins, which is like finding a treasure chest with 624 gold coins! This means their total Bitcoin collection grew by 6% to 11,177 Bitcoins[2][3]. It’s like they found a secret path to more gold, and they’re using it to build a stronger treasure trove.

How They Did It: CleanSpark’s Magic Tricks

CleanSpark’s success isn’t just luck. They’re really good at what they do:

Mining Like a Pro

Even though February is a short month, CleanSpark mined an impressive 624 Bitcoins, which is like finding 22.30 gold coins every day[2][4]. They’re like expert treasure hunters, finding gold even when others might give up.

Making Their Fleet Faster

They also made their treasure-hunting fleet more efficient. On average, they used only 17.07 units of energy (Joules per TeraHash, or J/Th) to find each Bitcoin, with a best score of 16.82 J/Th[2][3]. It’s like they found a faster way to dig for gold, using less energy to find more treasure.

Growing Their Hashrate Power

At the end of February, their fleet’s power reached 40.7 EH/s (Ehashes per second), which is like having 40.7 treasure maps ready to explore at the same time[3][4]. They’re on track to have 50 treasure maps ready by mid-year, which is like having a huge treasure-hunting team.

Expanding Their Treasure Hunting Grounds

CleanSpark is looking for more places to find treasure. They’re expanding in three states in the United States:

Georgia: More Treasure Maps

They’re adding more treasure maps (immersion deployments) to their existing treasure-hunting bases in Georgia, so they can find even more gold[2].

Wyoming: Bigger Treasure-Hunting Teams

In Wyoming, they’ve increased their power contracts by 35 MW (Megawatts), which is like having 35 more treasure hunters on their team[2][3]. They’re planning to add even more treasure hunters soon.

Tennessee: A New Treasure-Hunting Base

They’re building a new treasure-hunting base in Tennessee. When it’s ready, it will have 48 MW of power, which is like having 48 new treasure maps ready to explore[2][3]. This new base will help them find even more gold in the next quarter.

Money Matters: CleanSpark’s Riches

CleanSpark’s treasure chest isn’t just full of Bitcoin gold coins. They also have a lot of real money. In the first quarter of 2025, their revenue grew by 120% compared to the same time last year, reaching $162.3 million[5]. They have a $650 million treasure chest (convertible bond) and another one with nearly $2.8 billion in assets and $1.2 billion in liquidity[3]. It’s like they have a huge, secure vault to store all their riches.

A Bright Future Awaits

In simple terms, CleanSpark’s 6% growth in their Bitcoin collection in February 2025 shows that they’re really good at what they do. They’re expanding their treasure-hunting grounds, making their fleet faster, and building a strong treasure vault. With a clear plan and a lot of riches, they’re ready to lead the way in the Bitcoin mining world.

—

Sources:
– investors.cleanspark.com
– investing.com
– gurufocus.com
– news.bitcoin.com