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LAS VEGAS, June 02, 2022 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending May 31, 2022.
Bitcoin Production & Operations Update (unaudited)
May monthly production: 312
Calendar year-to-date production ending May 31: 1,523
Total BTC holdings as of May 31: 550
Total BTC converted for operations and growth in May: 210
Currently deployed fleet of over 25,000 latest-generation bitcoin miners with a hashrate over 2.5 EH/s
The Company fully funded growth and operations through the sale of 210 bitcoins in May 2022 at an average of approximately $32,639 per BTC. Sales of BTC equated to proceeds of approximately $6.9 million. May daily BTC production reached a high of 10.69.
About CleanSpark
CleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. For more information about the Company, please visit the Company's website at https://www.cleanspark.com/investor-relations.
Investor Relations Contact Matt Schultz, Executive Chairman ir@cleanspark.com
cleanspark’s vision is to empower communities through sustainable, secure, and reliable energy. cleanspark accomplishes this through its pioneering work in fractalgrid technologies and federated enterprise services. cleanspark brings clean, sustainable energy solutions to institutional, commercial, industrial, and residential customers by providing advanced energy management and modeling software and systems products to enable the integration, installation, and operation & maintenance of virtual power plants and microgrids. through cleanspark’s suite of clean energy solutions, the flex power system, cleanspark offers innovative solutions that deliver energy security at a price at or below the current price of electricity for a period of 25 years and beyond. founded in 2013 by the trio of michael firenze (president & ceo), art villanueva (cto & cso), and bryan huber (managing director, emerging markets), cleanspark arose as the confluence of the defense, engineering, technology, constru
