{"id":78946,"date":"2025-07-07T21:56:43","date_gmt":"2025-07-07T21:56:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78946"},"modified":"2025-07-07T21:56:43","modified_gmt":"2025-07-07T21:56:43","slug":"cleanspark-announces-mining-685-bitcoin-worth-over-74-million-in-june","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78946","title":{"rendered":"CleanSpark Announces Mining 685 Bitcoin Worth Over $74 Million In June"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

CleanSpark Announces Mining 685 Bitcoin Worth Over $74 Million In June<\/a><\/p>\n

<\/div>\n

Today, CleanSpark, Inc. (Nasdaq: CLSK) announced<\/a> it mined 685 bitcoin in June 2025, generating over $61 million in revenue from 578 BTC sold at an average price of $105,860. This surpassed the month\u2019s volume weighted average price (VWAP) by $446.<\/p>\n

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Introducing $CLSK<\/a>‘s\u00a0June\u00a0Bitcoin mining update as of June 30, 2025:
\u00a0
*Bitcoin produced in\u00a0June: 685
*Operational hashrate:\u00a050.0\u00a0EH\/s
**First Bitcoin miner to achieve milestone entirely through fully self-operated infrastructure
**9.6% month-over-month increase
*Average\u2026 pic.twitter.com\/cJsQ50rAcB<\/a><\/p>\n

\u2014 CleanSpark Inc. (@CleanSpark_Inc) July 7, 2025<\/a>\n<\/p><\/div>\n

\u201cOur initial strategies went live, and we are seeing positive proof of concept results in our actively managed spot sales program and derivative overlay,\u201d stated the CFO of CleanSpark Gary A. Vecchiarelli. \u201cJune resulted in an average sale price of $105,860 per bitcoin<\/a> 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\u2019m proud of the institutional-grade discipline and performance our treasury team is already demonstrating.\u201d<\/p>\n

CleanSpark now operates 241,227 mining units and holds a bitcoin treasury<\/a> of 12,608 BTC. This ranks the company seventh among all publicly traded companies worldwide in bitcoin holdings. Every bitcoin in its treasury has been mined internally.<\/p>\n

\u201cWe achieved our mid-year target of reaching 50 EH\/s of operational hashrate, becoming the first Bitcoin miner<\/a> to do so entirely through fully self-operated infrastructure,\u201d said the CEO and President of CleanSpark Zach Bradford. \u201cThis represents a 9.6% month-over-month increase which further improved our fleet\u2019s energy efficiency to 16.15 J\/Th.\u201d<\/p>\n

The company also announced that it has secured an additional 179 megawatts of power capacity. This will support more than 10 EH\/s of future hashrate as part of CleanSpark\u2019s continued infrastructure expansion across four states. Currently, the company utilizes 808 megawatts out of 987 megawatts under contract.<\/p>\n

\u201cCorporations around the globe are embracing the value of a Bitcoin-enhanced balance sheet,\u201d Bradford added. \u201cIn fact, corporate Bitcoin acquisitions have outpaced ETF net inflows for the third consecutive quarter. At CleanSpark, we\u2019ve 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.\u201d<\/p>\n

\u201cI want to express my gratitude to our team, especially our COO Scott Garrison and CTO Taylor Monnig, for their grit and leadership,\u201d Bradford commented. \u201cWith the talent, infrastructure and power contracts in place, CleanSpark is well-positioned to continue scaling.\u201d<\/p>\n

This post CleanSpark Announces Mining 685 Bitcoin Worth Over $74 Million In June<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine CleanSpark Announces Mining 685 Bitcoin Worth Over $74 Million In June Today, CleanSpark, Inc. (Nasdaq: CLSK) announced it mined 685 bitcoin in June 2025, generating over $61 million in revenue from 578 BTC sold at an average price of $105,860. This surpassed the month\u2019s volume weighted average price (VWAP) by $446. Introducing $CLSK‘s\u00a0June\u00a0Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":78947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78946"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78946"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/78947"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}