CleanSpark purchased 454 Bitcoin on July 7. The company paid an average price of approximately $64,000 per coin. The total transaction cost reached about $29 million.
This acquisition brings the company's total treasury to 13,924 BTC. The total holdings are valued at approximately $897 million.
CleanSpark’s accumulation signals confidence in future prices. The move contrasts with other publicly traded miners that have recently sold holdings.
New Hampshire is reviewing a proposal for a borrower connected to CleanSpark. The plan could allow the purchase of up to $100 million in Bitcoin using bond proceeds.