CleanSpark (CLSK) Produced 312 Bitcoins in May 2022

CleanSpark, Inc. (Nasdaq: CLSK) today released its unaudited bitcoin production and operations update for the calendar year-to-date ending May 31, 2022.

Bitcoin Production & Operations Update (unaudited)

• May monthly production: 312
• Calendar year-to-date production ending May 31: 1,523
• Total BTC holdings as of May 31: 550
• Total BTC converted for operations and growth in May: 210

• Currently deployed fleet of over 25,000 latest-generation bitcoin miners with a hashrate over 2.5 EH/s

The Company fully funded growth and operations through the sale of 210 bitcoins in May 2022 at an average of approximately $32,639 per BTC. Sales of BTC equated to proceeds of approximately $6.9 million. May daily BTC production reached a high of 10.69.

About CleanSpark

CleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. For more information about the Company, please visit the Company's website at https://www.cleanspark.com/investor-relations.

Investor Relations Contact
Matt Schultz, Executive Chairman
[email protected]

Media Contacts
Isaac Holyoak
[email protected]

BlocksBridge Consulting
Nishant Sharma
[email protected]

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