Cleanspark’s Bitcoin mining increased more than 9% in May, bringing its treasure to 12,502 BTC, double the amount it held at the same time.
According to its monthly report, the company has undermined 9.4% more Bitcoin (BTC) in May, producing 694 pieces against 633 in April. Cleanspark also reached an exehash rate of 45.6, up compared to 42.4 in April, and extended its energy capacity contracted at 987 MW.
“May was a solid month of execution for Cleanspark,” said Zach Bradford, CEO and president. “We have increased our end -of -month hashrate to 45.6 eh / s, up 7.5% sequentially, while improving the average fleet efficiency.”
The company’s bitcoin treasure reached 12,502 BTC in May, up 103% compared to the past year. According to the company, the expansion of the BTC reserve has been linked to its mining operations and has not included any equity issues since November 2024. The company is the sixth largest public Bitcoin holder. “It is a powerful validation of our infrastructure strategy first,” said Bradford.
On June 3, the day the company announced its operational performance in May, Cleanspark’s shares increased by 6.5%.
During the last month, Cleanspark’s shares increased by 12.4%, according to Google Finance, exceeding the performance of the Nasdaq during the same period.
The mayor of May de Cleanspark increased in 2025. In May, the company sold 293.5 BTC at an average price of $ 102,254 per room, generating approximately $ 30 million in gross sales income.
The company’s profits for the second quarter of 2024 display $ 182 million in revenues, up 62.5% compared to the previous year. Despite growing income, Cleanspark posted a net loss of $ 139 million.
In relation: Cleanpark to start selling bitcoin in a pivot “ self -financing ”
Cleanspark competitors increase production
The release of Cleanspark faces competition from other minors. Crypto Miner Mara undermined 950 Bitcoin in May, against 705 in April, an increase of 34.8% for the month. On average, the company extracted 7.2 additional bitcoin per day.
RIOT platforms experienced a smaller but still significant increase in production, operating 514 bitcoin in May, against 463 in April, representing a leap of 11% during the period.
Like Cleanspark, Mara and Riot Platforms have increased in the course of their shares in recent days. Mara’s shares are up 8% over the day, and riot platforms are up 6.5% in the writing of this day.
Magazine: Danger sign for bitcoin while retail trade abandons it to institutions – Sky weekends
