10 Companies Hoarding Bitcoin Like There’s No Tomorrow

6. CleanSpark, Inc. (NASDAQ:CLSK)

Bitcoin Holdings: 9,297

Number of Hedge Fund Holders: 16

CleanSpark, Inc. (NASDAQ:CLSK) is a Bitcoin mining company based in Henderson, Nevada, that operates data centers powered primarily by low-carbon energy. The company supports Bitcoin as a digital commodity and a means of financial independence.

In November 2024, CleanSpark mined 622 bitcoins, bringing its total for the year to 6,356. As of November 30, the company held 9,297 bitcoins, with 803 of them posted as collateral. The company sold 26.11 bitcoins in November at an average price of $84,356 each. Its deployed fleet totaled 195,059 miners, with a month-end operating hashrate of 33.7 exahashes per second (EH/s) and an average fleet efficiency of 19.05 joules per terahash. CleanSpark (NASDAQ:CLSK) also reported progress on new mining sites: two facilities in Clinton, Mississippi, began operations in December, and two immersion-cooled data centers are under construction in Cheyenne, Wyoming, set to add 5 EH/s.