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CleanSpark's October 2025 Bitcoin Mining Update

CleanSpark, Inc., recognized as America’s Bitcoin Miner® and listed on Nasdaq under the ticker CLSK, published its unaudited report for Bitcoin mining operations for October 2025, affirming its dedication to innovation and growth in the cryptocurrency space. This month marks a significant turning point for the Company as it transitions into new ventures, notably in artificial intelligence (AI) and high-performance computing (HPC).

Production Highlights

For October 2025, CleanSpark produced an impressive 612 Bitcoins, demonstrating a robust output in response to the dynamic market conditions. The month saw a peak daily production of 20.42 Bitcoins and an average daily production of 19.75 Bitcoins. Overall, the total Bitcoin produced in the calendar year 2025 stands at 6,537 Bitcoins. These figures reflect the Company’s ongoing efficiency improvements and operational excellence, reinforcing CleanSpark’s position as a leader in the industry.

Infrastructure and Strategic Partnerships

A crucial component of CleanSpark's expansion is its establishment of strategic partnerships and infrastructural advancements. The Company has recently onboarded Jeffrey Thomas, an industry veteran, to spearhead its AI data center development initiative. This move is part of CleanSpark’s broader strategy to evolve and adapt to the rapidly changing tech landscape. Moreover, the Company has selected Submer as its first next-generation compute infrastructure partner, underscoring its commitment to integrating advanced technologies.

To support its new strategic directions, CleanSpark acquired 271 acres of land and secured 285 MW of long-term power agreements near Houston, Texas, which will serve as the site for a dedicated AI data center. This step highlights CleanSpark’s proactive approach to resource acquisition and its vision for leveraging low-cost energy for cryptocurrency mining and data processing.

Financial Highlights

The financial strength of CleanSpark has also been reinforced, with the company achieving substantial cash flows from its mining operations. The total Bitcoin holdings as of October 31, 2025, amount to 13,033 Bitcoins, out of which 5,444 Bitcoins are utilized as collateral or receivables. The company reported total proceeds from sold Bitcoins reaching $64,921,047, with an average selling price of $110,057 per Bitcoin.

CleanSpark maintains a power portfolio with 1.31 GW under contractual agreements and has utilized 808 MW in its operations, showcasing the efficiency of its mining setup.

Looking Ahead

Matt Schultz, CEO and Chairman of CleanSpark, expressed enthusiasm for the future, stating, “This is an incredibly exciting time for CleanSpark. We’ve laid the foundation for our next phase of growth... While Bitcoin remains an integral part of our business, we’re equally focused on developing large-scale data centers that will power the next generation of innovation across the digital world.”

Gary A. Vecchiarelli, Chief Financial Officer and President, reinforced this sentiment by emphasizing the importance of operational integration across its data center business, allowing CleanSpark to maximize its resources effectively.

In conclusion, CleanSpark's October 2025 update illustrates the Company’s commitment to growth, innovation, and efficiency within the Bitcoin mining industry and its emerging ventures into AI and HPC. This dual focus positions CleanSpark not only as a key player in cryptocurrency mining but also as a forward-thinking company ready to explore new opportunities in digital resource management.

For more information about CleanSpark and its ongoing initiatives, visit www.cleanspark.com.

About CleanSpark

CleanSpark, Inc. is a prominent Bitcoin mining company with a commitment to sustainability and efficient operations. Recognized for its competitive energy pricing and innovative infrastructure, CleanSpark aims to optimize its resources to deliver superior returns to shareholders while advancing the adoption of cryptocurrency at large.