In February, US Bitcoin miner CleanSpark sold 553 Bitcoin for approximately $36.6 million while producing 568 BTC. The company continues to expand its infrastructure and is positioning parts of its operations to support artificial intelligence workloads, a trend seen across the mining industry as several major firms have recently liquidated portions of their Bitcoin holdings.
CleanSpark sold 553 Bitcoin from its February production for about $36.6 million last month. The company produced 568 BTC during the period and ended February with a treasury of 13,363 BTC.
It also completed the acquisition of a second Texas campus, adding 300 megawatts of ERCOT-approved power capacity. The company’s deployed mining fleet totaled 235,588 machines operating with a 50 EH/s peak hashrate.
Year-to-date, the firm has produced 1,141 BTC as of Feb. 28. It also noted that 1,086 BTC of its holdings are posted as collateral for derivatives transactions.
The miner is positioning parts of its infrastructure to support artificial intelligence and high-performance computing. This reflects a broader shift among Bitcoin miners seeking to monetize power-dense data center capacity beyond crypto mining.
CleanSpark is not alone in selling Bitcoin, as several publicly traded miners have recently liquidated holdings. These sales often fund infrastructure expansion and artificial intelligence data center projects.
For instance, Riot Platforms sold 1,818 BTC in December for about $161.6 million as part of a strategy shift. The company reported holding 18,005 BTC as of Dec. 31, down from 19,368 BTC a month earlier.
In February, Bitdeer said it had liquidated its entire corporate Bitcoin treasury. The miner sold 189.8 BTC produced during the period along with an additional 943.1 BTC from reserves.
Core Scientific said it sold about 1,900 Bitcoin for roughly $175 million in January. This reduced its holdings to fewer than 1,000 BTC.
On Thursday, Core Scientific said it secured a $500 million credit facility from Morgan Stanley. The funds will be used for infrastructure supporting high-density computing workloads like AI.
Rumors have also circulated about Marathon Digital Holdings, the second-largest corporate Bitcoin treasury holder with 53,822 BTC. Speculation suggested the miner may begin selling its reserves.
However, Marathon vice president of investor relations Robert Samuels dismissed the speculation in a post on X. “The company has not changed its core treasury strategy,” he stated.
