CleanSpark (CLSK) Produced 276 Bitcoins in February

CleanSpark, Inc. (Nasdaq: CLSK), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending February 28, 2022.

Bitcoin Production & Operations Update (unaudited)

• February monthly production: 276
• Calendar year-to-date production ending February 28: 581
• Total BTC holdings as of February 28: 494

• Total BTC converted for operations and growth in February: 253
• Currently deployed fleet of over 22,000 latest-generation bitcoin miners with a total hashrate of 2.2 EH/s

The Company fully funded growth and operations through the sale of 253 bitcoins in February 2022 at an average of approximately $39,740 per BTC. Sales of BTC equated to proceeds of approximately $10.1 million, most of which was used for growth capital expenditures at the company’s Norcross facility. February daily BTC production reached a high of 10.15.

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