• CleanSpark Announces May 2022 Bitcoin Production

    Source: Nasdaq GlobeNewswire / 02 Jun 2022 09:00:01   America/New_York

    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 

    Media Contacts 
    Isaac Holyoak 
    pr@cleanspark.com 

    BlocksBridge Consulting 
    Nishant Sharma 
    cleanspark@blocksbridge.com  


    Isaac Holyoak
CleanSpark, Inc.
702-989-7694
pr@cleanspark.com
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