CleanSpark Bitcoin Holdings Fall to 13,530 BTC as Data Center Expansion Advances
Key Takeaways
- •CleanSpark will discontinue monthly operational updates and move to quarterly disclosures, departing from a common reporting practice among publicly listed Bitcoin miners.
- •The company mined 529 BTC in September and ended the month holding 13,530 BTC, down from 13,703 in August, after selling 702 BTC at an average price of $72,928 per coin.
- •The Sandersville, Georgia data center is fully financed through $2.276 billion in senior secured notes carrying a 7.875% interest rate, with an initial lease agreement with a Meta subsidiary estimated at approximately $6.6 billion.
- •At the end of September, CleanSpark operated 199,745 miners consuming 808 MW, roughly 45% of its 1.8 GW contracted power capacity, while planning to serve AI and high-performance computing workloads in upcoming data centers.
- •Bitcoin's decline below $81,000 triggered more than $1 billion in crypto market liquidations, and CleanSpark shares fell over 2% to extend their losing streak to a fifth consecutive session.

CleanSpark, the Georgia-based Bitcoin miner, continues to draw attention as it shifts its reporting schedule while intensifying its focus on data center development.
In an announcement issued this past Friday, the company said it would stop releasing monthly updates and begin issuing quarterly disclosures instead. The change follows the publication of CleanSpark's September mining results, during which it mined 529 BTC, as detailed in the company's official operational update. Monthly operational updates have been a common disclosure practice among publicly listed Bitcoin miners.
The reporting change comes as CleanSpark continues to expand its business beyond mining through the construction of large-scale data centers.
CleanSpark Bitcoin Holdings Fall in September
CleanSpark's Bitcoin holdings stood at 13,530 BTC as of the end of September, a decline of 173 BTC from the 13,703 BTC held at the end of August. The reduction followed the company's sale of 702 BTC during the month.
September production totaled 529 BTC, an average of 17.64 BTC per day, with maximum daily generation reaching 18.99 BTC.
LATEST: ⛏ CleanSpark mined 529 BTC in September and ended the month holding 13,530 BTC, down from 13,703 in August after selling 702 BTC. pic.twitter.com/bhuRHY63Ht
— CoinMarketCap (@CoinMarketCap) October 10, 2026
Source: https://x.com/CoinMarketCap/status/2108831156787425769
The figures were also highlighted in a Binance Square post published on the results.
According to the update, CleanSpark sold two BTC at spot rates while exercising calls in order to sell an additional 700 BTC. Call options give the holder the right to purchase Bitcoin at a preset price, and exercising them converts those contracts into coins available for sale. The company noted that it was able to sell BTC at an average price of $72,928 per BTC.
Changes in CleanSpark's Bitcoin holdings take place within the context of continued management of the revenue generated by the company's mining operations. Its treasury position consists not only of newly mined BTC but also of coins obtained through other operations, meaning month-to-month movements reflect more than production and sales alone. Selling part of production to cover ongoing expenses such as power and site operations is a common treasury practice across the mining industry.
At the end of September, CleanSpark had 199,745 miners operating at its facilities. The machines consumed 808 megawatts (MW) of the company's total contracted power capacity of 1.8 gigawatts (GW), meaning roughly 45% of the contracted capacity was deployed for mining. These figures indicate that Bitcoin mining continues to play a key role in CleanSpark's activities despite the firm's increased focus on data center construction.
CleanSpark Secures Funding for Sandersville Data Center
CleanSpark Chief Executive Officer Matt Schultz stated that the company's data center in Sandersville, Georgia, has been entirely financed through completion. The announcement followed the closing of $2.276 billion in senior secured notes carrying an interest rate of 7.875%. Senior secured notes are debt instruments backed by collateral, giving their holders repayment priority over unsecured creditors.
According to Schultz, the financing ensures that the funds required to complete the project have been attained without any further issuance of for that purpose.
The initial leasing arrangement for the Sandersville project with a subsidiary of Meta, the parent company of Facebook, is estimated to earn approximately $6.6 billion.
While Bitcoin mining remains a core activity, Schultz said CleanSpark is venturing into providing mining services for artificial intelligence (AI) and high-performance computing in its upcoming data centers, extending the infrastructure it is building beyond support of the Bitcoin network itself. The two types of infrastructure share core requirements — power capacity, cooling, and grid interconnects — which is why companies with mining-scale power portfolios have increasingly pursued AI and high-performance computing workloads.
Bitcoin Price Decline Puts Mining Stocks Under Pressure
Bitcoin is trading around $83,000 after dropping below $81,000, a decline that produced more than $1 billion worth of liquidations across the crypto market. Liquidations occur when leveraged trading positions are forcibly closed as collateral no longer covers the exposure. The trend has placed pressure on mining firms, particularly those facing higher production costs.
CleanSpark's Bitcoin holdings depend on the price of Bitcoin, whereas the construction of its data centers could diversify the company's income sources. Investors will be paying attention to the progress of the project and the expenses associated with it.
CleanSpark Bitcoin Holdings Remain a Key Metric for Investors
CleanSpark's move to quarterly reporting will reduce the number of updates on mining performance and Bitcoin holdings. The size of the company's holdings remains an important indicator for evaluating the extent of its Bitcoin exposure and changes in its treasury.
Investors will also need to take into account factors such as the company's debt level, cash flow, and operational expenses. The development and the potential of the Sandersville data center will matter as well.
CleanSpark Shares Extend Their Recent Decline
CleanSpark's stock declined more than 2%, extending its losing streak to a fifth consecutive session after touching its lowest level since April. Sentiment on Stocktwits, a platform that tracks retail investor sentiment, turned neutral after having been bearish previously, while analysts' price targets indicated more than 124% upside potential.
The company is currently balancing two key priorities: continuing its Bitcoin mining operations and expanding its data centers. The most recent funding round is geared toward supporting construction at the Sandersville site, while the September figures provide insight into mining output and treasury movements.
As quarterly statements replace monthly updates, focus will center on what each release shows about CleanSpark's Bitcoin holdings, mining performance, and data center development.
Source: Tron Weekly