CleanSpark Expands Bitcoin Holdings to 13,011 BTC in September
CleanSpark has increased its bitcoin reserves to 13,011 BTC, valued at $1.6 billion based on its latest monthly production report. This marks a net addition of 184 BTC, or approximately $22 million, for September. The company mined 629 BTC for the month, down 4.3% from the 657 BTC reported in August. During the same period, CleanSpark sold 444.95 BTC and posted 2,583 BTC as collateral or as a receivable.
Ranking Among Top Public BTC Holders
CleanSpark now ranks ninth among public companies with the largest bitcoin holdings, positioned between Trump Media and Coinbase. According to aggregated data, other leading organizations in the top ten include MicroStrategy, Tether, and Riot Platforms, with holdings ranging from over 640,000 BTC to just above 19,000 BTC. CleanSpark�s significant BTC pile follows similar acquisition models observed among several public firms and institutional players.
Company Developments and Industry Context
In a statement, CleanSpark CEO Matt Schultz highlighted leadership changes and a $200 million expansion of the company�s bitcoin-backed credit line in September. The company aims to leverage this growth for long-term shareholder value by expanding its energy portfolio and pipeline.
Meanwhile, competitor Riot Platforms reported a decrease in production, mining 445 BTC in September�down 6.7% from August. Riot reduced its holdings by 22 BTC, now holding 19,287 BTC, maintaining its seventh-place position among public bitcoin holders. Other sector players, including MARA and Cango, also issued updates for September.
Market Performance
The bitcoin mining sector experienced gains over the past month. Shares of CleanSpark and Riot rose by 39% and 62%, respectively, amid a broader recovery in the market. The largest public bitcoin holder by market capitalization remains MicroStrategy, followed by Riot and then CleanSpark, which currently holds a market cap of about $4.5 billion.
After a late September correction, bitcoin ended the month up 5.4%, trading above the $120,000 level for the first time since mid-August. These figures underline renewed interest and competition among public mining companies and highlight sector resilience despite minor production declines.
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