CleanSpark mined 671 Bitcoins last month, surpassing a total holding of 12,700 BTC
Summary
- CleanSpark announced that it mined 671 new Bitcoins in July and its total holdings have surpassed 12,700.
- CEO Zach Bradford mentioned that as Bitcoin reached an all-time high, the company’s cumulative Bitcoin strategy proved effective.
- CleanSpark emphasized that it has covered all operational expenses through strategic Bitcoin sales with no external funding, and continues to grow its long-term holdings.
U.S. publicly traded mining company CleanSpark announced that it mined 671 new Bitcoins in July alone, pushing its total self-held reserves past 12,700.
According to PR Newswire on the 5th (local time), CleanSpark released its monthly update on its Bitcoin mining and operational status for the previous month, making this announcement.
Zach Bradford, CEO of CleanSpark, stated, "July was a strong month for both Bitcoin and the company," adding, "As Bitcoin reached an all-time high above $120,000, our cumulative Bitcoin strategy has proven its merit."
He also commented, "Without diluting shareholder equity or raising external funds, we fully covered all operational expenses through strategic Bitcoin sales, and we continue to increase our long-term holdings."
Meanwhile, CleanSpark is scheduled to unveil its Q3 2025 fiscal results via an earnings webcast on the 7th (local time).
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
