- Hashrate Increase: CleanSpark (CLSK, Financial) recorded a significant increase in its hashrate, reaching 45.6 EH/s, reflecting a 7.5% growth month-over-month.
- Bitcoin Holdings and Sales: The company doubled its Bitcoin treasury year-over-year to 12,502 BTC, selling 293.5 BTC in May at an average price of $102,254 per BTC.
- Infrastructure Expansion: CleanSpark secured an additional 72 MW of power, bringing its total contracted capacity to 987 MW, supporting its future hashrate target of over 60 EH/s.
CleanSpark, Inc. (CLSK), a leading Bitcoin mining company, announced its operational update for May 2025, showcasing substantial growth in its mining capabilities and infrastructure. The company reported a month-end hashrate of 45.6 EH/s, marking a notable 7.5% increase from the previous month, and positioning itself closer to the 50 EH/s milestone.
This operational growth was complemented by an impressive doubling of CleanSpark’s Bitcoin treasury year-over-year, reaching a total of 12,502 BTC, with 2,210 BTC posted as collateral. Throughout May, CleanSpark mined 694 Bitcoin and sold 293.5 BTC at an average price of approximately $102,254 each.
The company further expanded its infrastructure by securing an additional 72 MW of power capacity, bringing its total contracted power to 987 MW. This expansion supports CleanSpark's aim to scale its operations to a projected hashrate of over 60 EH/s, reinforcing its infrastructure-first strategy and vertically integrated model.
CleanSpark's commitment to operational efficiency was demonstrated by maintaining an average fleet efficiency of 16.71 J/Th, operating 230,232 deployed miners, and achieving an average daily production of 22.39 BTC. The company did not issue any equity since November 2024, underlining its focus on capital discipline and shareholder value preservation.
Concluding a robust month, CleanSpark’s strategic initiatives continue to set it apart as a pure-play, vertically integrated Bitcoin miner, ensuring both operational control and margin protection. The company’s projections indicate reaching the 50 EH/s milestone in June, with ambitions to surpass 60 EH/s through its fully self-operated infrastructure.
