CleanSpark's Bitcoin holdings surge 236%, joining the ”10,000 BTC club”

American bitcoin mining company CleanSpark has become the fourth publicly traded mining company with over 10,000 BTC.
CleanSpark revealed that it currently holds 10,097 BTC in its treasury, marking a 236% increase in CleanSpark's Bitcoin holdings over the last year.
CleanSpark CEO Zach Bradford said in a statement on the 9th that this is the result of scaling the company more efficiently and responsibly.
Bradford said, "CleanSpark's 10,097 BTC was all mined in the United States, supporting American energy and jobs while also helping to protect Bitcoin's value.
"We are contributing to the growth of the global ecosystem," he said. According to data from BitcoinTreasuries.NET, there are 10,000 bitcoin mining companies with more than 10,000 BTC.
The companies include MARA Holdings, Riot Platforms, and Hut 8 Mining Corporation.
Bitcoin mining companies often use their cash to buy new equipment, cover maintenance costs, and pay employees.
However, some companies, such as MARA Holdings, have adopted a financial policy of holding as much of their mined Bitcoin as possible.
Cleanspark mined 668 BTC in December, but only sold 12.65 BTC of it. The company plans to mine 7,024 BTC in 2024, most of which will be sold in 2025.
The company owns approximately