CleanSpark offloads most of February Bitcoin output, keeps 13,363 BTC treasury
CleanSpark sells 553 BTC for $36.6M in February at a time when listed Bitcoin miners are increasingly using coin sales to fund infrastructure growth rather than relying only on treasury accumulation. The Nasdaq-listed miner said it sold 553.02 BTC for $36,653,613 after producing 568 BTC in February, while keeping a treasury of 13,363 BTC at month-end.
What happened
CleanSpark’s March 5 operational update shows the company sold almost all of its monthly Bitcoin output in February at an average sale price of $66,279 per BTC. Year to date through Feb. 28, the company said it had produced 1,141 BTC.
The company also said 1,086 BTC of its holdings were posted as collateral or receivable in connection with derivatives transactions. That means its reported treasury remains sizeable, but not all of it is immediately unencumbered.
Why CleanSpark sells 553 BTC for $36.6M in February matters
The February sale suggests CleanSpark is prioritizing liquidity and expansion while still maintaining one of the larger corporate Bitcoin treasuries in the sector. Rather than signaling a full shift away from holding Bitcoin, the update points to a more flexible treasury approach: monetize current production, preserve a large reserve, and put cash toward power and compute capacity. This reading is supported by the company’s simultaneous infrastructure push in Texas and its stated interest in AI and high-performance computing workloads.
CleanSpark said its total power portfolio stood at 1.8 gigawatts under contract, with 808 MW in use. It reported 235,588 deployed mining machines, 50.0 EH/s peak hashrate, and 43.2 EH/s average operating hashrate at the end of February.
CleanSpark sells 553 BTC for $36.6M in February amid a wider miner trend
CleanSpark is not the only public miner tapping Bitcoin holdings or production for cash. Riot Platforms said it sold 1,818 BTC in December 2025 for $161.6 million and ended that year with 18,005 BTC.
Bitdeer went further, reducing its corporate Bitcoin treasury to zero as of Feb. 20, according to reporting on the company’s weekly update, as it pursued liquidity for power-dense sites and AI-related ambitions.
Core Scientific also said it sold about 1,900 Bitcoin for roughly $175 million in January. Separately, the company announced a Morgan Stanley financing facility with an initial $500 million closing and an accordion feature that could lift total commitments to $1 billion, with proceeds aimed at digital infrastructure expansion.
Rumors also circulated around MARA Holdings, but Robert Samuels, the company’s vice president of investor relations, said on X that MARA had expanded flexibility to buy or sell Bitcoin “from time to time” and had not committed to liquidating most of its reserves.
Texas expansion and the AI/HPC angle
CleanSpark said it closed on a second Texas campus that adds 300 MW of ERCOT-approved capacity. ERCOT operates most of Texas’ power grid, making that approval meaningful for miners seeking scalable load in the state.
The company also said parts of its infrastructure are being positioned for artificial intelligence and high-performance computing workloads. That aligns with a broader sector pattern: miners are trying to monetize access to power, land, and cooling not only through Bitcoin production but also through data center services tied to AI and HPC.
Context and Analysis
For years, public miners often marketed “hold” strategies as a sign of balance-sheet strength. In 2026, that posture appears more mixed. Companies still value Bitcoin treasuries, but several are treating mined BTC as a source of operating or growth capital, especially when building higher-density infrastructure. CleanSpark’s February update fits that pattern: it preserved a large treasury while selling most of current-month output and increasing contracted power capacity.
To Sum Up
CleanSpark’s February results show a miner trying to do both: keep a large Bitcoin reserve and use current production sales to fund expansion. The bigger question for the sector is whether these treasury sales remain tactical or become a longer-term financing model as miners compete for power, land, and AI/HPC contracts.
FAQs
Q1 . Why did CleanSpark sell Bitcoin in February 2026?
A : CleanSpark did not give a single-line reason in its monthly update, but the sale coincided with continued infrastructure expansion and a strategy that includes AI- and HPC-ready capacity.
Q2 . How much Bitcoin did CleanSpark produce in February?
A : The company said it produced 568 BTC in February 2026.
Q3 . How much did CleanSpark raise from the sale?
A : CleanSpark reported $36,653,613 in proceeds from selling 553.02 BTC.
Q4 . Does CleanSpark still hold Bitcoin after the sale?
A : Yes. CleanSpark said it ended February with 13,363 BTC in its treasury.
Q5 . Is “CleanSpark sells 553 BTC for $36.6M in February” part of a wider miner trend?
A : Yes. Riot Platforms, Bitdeer, and Core Scientific have also disclosed Bitcoin sales or treasury reductions while funding expansion and AI/HPC-related initiatives.
Q6 . What new capacity did CleanSpark add in Texas?
A : The company said it closed on a second campus in Texas that adds 300 MW of ERCOT-approved power capacity.
Facts
Event
CleanSpark sold most of its February 2026 Bitcoin production while expanding Texas power capacity.Date/Time
2026-03-05T00:00:00+05:00 for the company update; month-end metrics as of 2026-02-28T23:59:59+05:00.Entities
CleanSpark, Inc. (Nasdaq: CLSK); ERCOT; Riot Platforms, Inc.; Bitdeer Technologies Group; Core Scientific, Inc.; MARA Holdings.Figures
568 BTC produced; 553.02 BTC sold; $36,653,613 proceeds; 13,363 BTC treasury; 235,588 deployed machines; 50.0 EH/s peak hashrate; 43.2 EH/s average hashrate; 300 MW added in Texas; 1.8 GW under contract; 808 MW in use.Quotes
“This assertion that MARA has changed its strategy to sell the majority of our bitcoin holdings is factually incorrect.” Robert Samuels, vice president of investor relations, MARA.Sources
CleanSpark operational update; Riot production update; reporting on Bitdeer treasury liquidation; Core Scientific financing announcement; Robert Samuels post on X