CleanSpark Pivots to AI Infrastructure with Major Bitcoin Liquidation
05.11.2025 - 06:03:04Core Bitcoin Operations Maintain Momentum
Bitcoin mining enterprise CleanSpark is executing a dramatic strategic pivot, channeling substantial resources toward artificial intelligence infrastructure development. In a decisive move, the company liquidated approximately 590 Bitcoin in October 2025, securing $65 million to fund its new AI initiative. This strategic shift raises fundamental questions about the viability of transitioning from the cryptocurrency sector to the intensely competitive artificial intelligence market.
Even as the company charts its new course, its foundational Bitcoin mining operations demonstrated robust performance in October. The company reported production of 612 Bitcoin, maintaining an operational hashrate of 50 EH/s. With 240,271 mining units actively deployed, CleanSpark’s Bitcoin treasury now stands at 13,033 BTC.
Chief Financial Officer Gary A. Vecchiarelli Read more...


