CleanSpark bolsters Bitcoin treasury by 6% in February

The miner’s stock is still under pressure as the industry grapples with declining Bitcoin spot prices.

CleanSpark grew its Bitcoin treasury by approximately 6% from mining operations in February, the crypto miner said on March 5.

During the month of February, CleanSpark mined a total of 624 Bitcoin (BTC), worth upward of $55 million at Bitcoin’s spot price of around $89,000 as of March 5, according to CleanSpark’s monthly report.

The company sold 2.73 BTC in February at an average price of more than $95,000 per BTC. It added the rest to its corporate treasury, which holds a total of 11,177 BTC as of Feb. 28, the miner said.

The miner’s stock is still under pressure as the industry grapples with declining Bitcoin spot prices.
CleanSpark grew its Bitcoin treasury by approximately 6% from mining operations in February, the crypto miner said on March 5. During the month of February, CleanSpark mined a total of 624 Bitcoin (BTC), worth upward of $55 million at Bitcoin’s spot price of around $89,000 as of March 5, according to CleanSpark’s monthly report. The company sold 2.73 BTC in February at an average price of more than $95,000 per BTC. It added the rest to its corporate treasury, which holds a total of 11,177 BTC as of Feb. 28, the miner said. Read more