Bullish

CleanSpark July BTC Mining Output Reaches 586 Coins

2026-08-05 20:51

CleanSpark mined 586 BTC in July, raising annual total to 4,310. The firm signed a $6.6B data center lease, diversifying revenue streams beyond mining operations.

Woofun AI reports that CleanSpark disclosed unaudited operational metrics for July 2026, recording a production of 586 BTC and an annual cumulative total of 4,310 BTC. The company maintained a peak hash rate of 50 EH/s and an average of 38.6 EH/s, with 230,507 deployed mining units. Power contracts covered 1.8 GW, of which 808 MW was utilized. Bitcoin holdings rose slightly to 13,931 BTC. Of the monthly output, 229 BTC were sold on the spot market and 350 BTC via call options at an average price of $66,133.

Additionally, CleanSpark entered a 20-year agreement with a global technology firm for its Sandersville facility in Georgia. The initial contract value is approximately $6.6 billion, potentially reaching $11.6 billion if two five-year renewal options are exercised. This deal aims to contribute nearly 100% to cumulative net operating income, averaging about $330 million annually.

WOOFUN AI

Impact Assessment · Quick Read

The $6.6 billion data center lease marks a significant pivot toward stable, long-term infrastructure revenue, reducing reliance on volatile mining yields. With high utilization rates and substantial BTC reserves, CleanSpark demonstrates operational resilience. The diversification into tech infrastructure may attract institutional investors seeking predictable cash flows, though execution risk remains tied to the counterparty's performance.
Generated by WOOFUN AI · For reference only, not investment advice

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