Bitcoin Updates: CleanSpark Utilizes Bitcoin Profits to Drive AI Innovation
- CleanSpark mined 612 BTC in October 2025 with 50 EH/s hashrate while advancing AI/HPC infrastructure expansion. - Company secured 285 MW power for Texas AI data center and partnered with Submer for liquid-cooled solutions. - Stock surged 100% since July 2025 as BTIG raised price target to $26 amid dual focus on Bitcoin and AI growth. - $64.9M from BTC sales and 4.37 current ratio support AI expansion while retaining 13,033 BTC treasury.
CleanSpark, Inc. (Nasdaq: CLSK) announced strong
Additionally, the company realized $64.9 million from selling 589.88 BTC at an average price of $110,057 per Bitcoin, highlighting its proactive approach to monetizing assets while maintaining a significant Bitcoin reserve, as reported in a
At the same time,
This strategic direction has already impacted market sentiment. Since July 2025, CleanSpark’s share price has climbed nearly 100%, signaling investor confidence in its combined focus on Bitcoin mining and AI infrastructure, according to a
CleanSpark’s October report also highlighted its operational strengths, including a peak daily production of 20.42 BTC and a deployed fleet of 240,271 miners, as outlined in the company’s October update. The ability to sustain high hashrate performance while branching into AI demonstrates a well-balanced capital strategy. CEO Matt Schultz emphasized this dual approach, stating, "Bitcoin continues to be a core part of our operations, but we are just as dedicated to building large-scale data centers that drive the next wave of digital progress."
The company’s financial position further supports its stability, with a current ratio of 4.37 and $64.9 million in cash from BTC sales, enabling CleanSpark to invest in AI growth while maintaining flexibility in an unpredictable market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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