CleanSpark (CLSK) Announces January 2022 Bitcoin Production

CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today released its unaudited bitcoin production and operations update for the calendar year-to-date ending January 31, 2022.

Bitcoin Production & Operations Update (unaudited)

• January monthly production: 305
• Total BTC holdings as of January 31: 471

• Total BTC converted for operations and growth in January: 467
• Currently deployed fleet of approximately 20,500 latest-generation bitcoin miners with a total hashrate of 2.1 EH/s

The Company fully funded growth and operations through the sale of 467 bitcoins in January 2022 at an average of approximately $41,000 per BTC. January daily BTC production reached a high of 10.4.

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