Bitcoin News Today: CleanSpark Turns Bitcoin into Capital Engine, Surpasses 50 EH/s Hashrate as Industry Leader

CleanSpark, Inc. (Nasdaq: CLSK) reported a significant expansion of its Bitcoin holdings in September 2025, reaching 13,011 self-mined BTC as of September 30, a 27% year-over-year increase in monthly production. The company's operational hashrate hit 50.0 EH/s, marking it as the first publicly traded miner to achieve this scale using fully self-operated data centers. During the month, CleanSpark produced 629 BTC, with an average daily output of 20.95 BTC and a peak single-day production of 21.71 BTC. The company also sold 444.95 BTC in September, generating $48.75 million in proceeds at an average price of $109,568 per BTCCleanSpark Releases September 2025 Bitcoin Mining Update^[1].

The growth in Bitcoin holdings is part of CleanSpark's broader strategy to leverage Bitcoin as a productive capital asset. The firm expanded its Bitcoin-backed credit facilities by $200 million in September, bringing total capacity to $400 million. This financial flexibility supports hashrate growth, high-performance computing (HPC) expansion, and digital asset management (DAM) initiatives, including a derivatives program launched in Q3 2025 to optimize yield and manage volatilityCleanSpark’s September Update: Record 13,000+ Bitcoin Treasury and Expanding Mining Scale Signal Growth Momentum^[2]. Operational efficiency also improved, with a peak fleet efficiency of 16.07 J/Th and an average operating hashrate of 45.6 EH/sCleanSpark's Bitcoin Stack Rose to More Than 13K in September^[3].

CleanSpark's strategic acquisitions, such as GRIID Infrastructure, added TVA-powered mining sites in Tennessee and enhanced its energy portfolio. The company now operates 1.03 gigawatts (GW) of contracted power and utilizes 808 megawatts (MW) to support its mining operationsCleanSpark (CLSK) stock: surges 7% as Bitcoin-backed credit line ...^[4]. Leadership changes in 2025 further strengthened the executive team, with key appointments including Matt Schultz (CEO and Chairman), Gary A. Vecchiarelli (CFO and President), and Taylor Monnig (COO and CTO). These additions underscore the company's focus on operational scalability and technical expertiseCleanSpark Releases September 2025 Bitcoin Mining Update^[1].

Financially, CleanSpark reported robust metrics, including a $650 million convertible note offering at 0% interest and $145 million in share buybacks. The firm's balance sheet includes $1.08 billion in Bitcoin holdings and $34.6 million in cash as of June 30, 2025CleanSpark Reports Third Quarter Fiscal 2025 Results^[5]. The sale of 444.95 BTC in September contributed to $48.75 million in proceeds, reflecting effective monetization of its treasury. Analysts note that CleanSpark's ability to convert Bitcoin assets into capital while maintaining operational scale positions it to capitalize on Bitcoin's price trends and industry consolidationCleanSpark's Bitcoin Stack Rose to More Than 13K in September^[3].

Looking ahead, CleanSpark emphasized its readiness for fiscal 2026, with plans to leverage its energy portfolio and mining infrastructure to drive long-term shareholder value. CEO Matt Schultz highlighted the company's "evolving business model" and its leadership in the intersection of energy, Bitcoin, and computeCleanSpark Releases September 2025 Bitcoin Mining Update^[1]. The firm's DAM strategy, combined with its expanded credit facilities and operational efficiency, is expected to support continued growth in a competitive market.