PANews reported on March 6th that, according to CoinDesk, Bitcoin mining company CleanSpark released its February operations update, stating that it produced 568 Bitcoins that month while selling 553, a sales ratio of 97%, one of the highest reported production-to-sales ratios for the company. Based on an average price of $66,279, this generated approximately $36.65 million in cash. This sale aims to fund its expansion into AI and high-performance computing data centers.
As of February 28, CleanSpark held 13,363 bitcoins, of which 1,086 were held as collateral or as receivables related to derivatives trading. The company operates a computing power of 50 EH/s, representing approximately 7% of the global total computing power, and has added 300 megawatts of capacity in Texas, bringing its total contracted power to 1.8 gigawatts.

