CleanSpark provides March Bitcoin mining update

March Bitcoin mining update: Bitcoin mined in March: 806. CY2024 bitcoin mined: 2,031. Total bitcoin holdings as of March 31: 5,021. Total bitcoin sold in March: 3.37. Deployed fleet: 133,963. Month-end fleet efficiency: 24.63. Current hashrate: 16.4. The company sold 3.37 bitcoin in March 2024 at an average of approximately $58,800 per bitcoin. March daily bitcoin mined averaged 26 and reached a high of 28.14. “March results were the pay-off for our hard work and tremendous growth over the last few months as it was the first full month with the Sandersville expansion and our newly acquired sites in Mississippi online, bringing our entire operating hashrate to over 16 EH/s, with 17 EH/s imminent. The result was a record amount of bitcoin mined in the last full month before halving,” said Zach Bradford, CEO. “I’m also pleased to report that our bitcoin treasury has grown to over 5,000 bitcoin. Pair that with our current cash balance of over $300 million and we are well on our way to taking advantage of what we expect to be one of the most active merger and acquisition seasons ever experienced in our industry. With the capital on hand we have now fully funded the remaining payments of all 160,000 S21s that we announced in January. We are prepared to thrive post-halving. We are now looking beyond halving and expect to be highly active over the coming months given that we have the balance sheet and capital tools to make us one of the most aggressive acquirers in the industry.”