The Company’s bitcoin holdings increased 23%

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

Investor Relations Contact
Matt Schultz, Executive Chairman  

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