“In September, we produced 218 blocks, a 5% increase over August, demonstrating the continued strength and resilience of our operations even as global hashrate grew 9% month-over-month to an average of 1,031 EH/s,” said Fred Thiel, CEO. “This growth in production underscores our ability to execute consistently, even as mining becomes more difficult. Energized hashrate increased 1% month-over-month. At our Texas wind farm, all containers and miners are now fully deployed and connected, keeping us on track to achieve full operational status in the fourth quarter. Since assuming full control of our site in Hannibal, Ohio, which is now running at 100% capacity with 86 MW online and an additional 14 MW targeted by year-end, we have increased uptime at the site to 99%. Fleet uptime was 99% overall, aside from temporary weather-related downtime at Garden City.” As of September 30, 2025, the Company held a total of 52,850 BTC. During the month, the Company’s digital asset management activities resulted in a net sale of BTC.
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