CleanSpark’s (NASDAQ: CLSK) July production update indicated that it produced 671 Bitcoin last month, delivering a peak single-day output of 23.98 BTC and an average daily production of 21.65 BTC. The company’s operational hashrate peaked at 50 EH/s with an average operating hashrate of 41.9 EH/s.
As of July 31, CleanSpark held 12,703 bitcoin in its treasury, having sold 575.97 BTC during the month for $64.71 million in proceeds at an average price of $112,351 per coin.
On the infrastructure side, CleanSpark’s contracted capacity surpassed 1.03 gigawatts across four states, with 808 MW actively utilized.
CEO Zach Bradford stated that a midsummer heatwave in the Southeast prompted temporary load reductions under CleanSpark’s flexible power agreements.
Read More: Cango sees 45% surge in July Bitcoin production, hashrate expands to 50 EH/s
At time of publication, CLSK is down 0.7% during pre-market hours.
