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Woofun AI reports that Bitcoin mining firm Cleanspark acquired 454 BTC at an average price of roughly $64,000 on July 7, a transaction valued at approximately $29 million. Consequently, the company's total BTC reserves have climbed to 13,924 BTC, representing a portfolio value of about $880 million.
This accumulation stands in contrast to industry-wide selling, where publicly listed miners offloaded over 32,000 BTC in the first quarter of 2026, including Marathon's sale of over 20,800 BTC for debt repayment and expansion. Cleanspark previously recorded a net loss of $378.3 million for the fiscal second quarter ending March 31, 2026, driven partly by a $224.1 million non-cash fair value loss from BTC price declines. At that quarter's close, the firm held BTC valued at $925.2 million alongside $260.3 million in cash.