CleanSpark Boosts Bitcoin Holdings to $1.6B with September Mining Surge
CleanSpark, a leading cryptocurrency mining company, has maintained its status as one of the top public bitcoin holders, currently ranking ninth. The firm's CEO, S. Schultz, recently announced a significant expansion of its bitcoin-backed credit line by $200 million in September.
In September, CleanSpark mined a total of 629 BTC, despite a slight decrease of 4.3% from the previous month's production. Despite this minor dip, the company's bitcoin stack grew impressively by 184 BTC, valued at $22 million. This growth has led to an overall increase in CleanSpark's bitcoin holdings, which now stand at 13,011 BTC, valued at a substantial $1.6 billion.
CleanSpark's September performance demonstrates the company's continued commitment to bitcoin mining and growth. With its expanded bitcoin-backed credit line and increased holdings, the firm remains a significant player in the cryptocurrency market.
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