{"id":75232,"date":"2026-07-10T20:00:38","date_gmt":"2026-07-10T20:00:38","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-miner-cleanspark-adds-454-btc-at-64k-while-others-sell-into-the-bear-market\/"},"modified":"2026-07-10T20:00:38","modified_gmt":"2026-07-10T20:00:38","slug":"bitcoin-miner-cleanspark-adds-454-btc-at-64k-while-others-sell-into-the-bear-market","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-miner-cleanspark-adds-454-btc-at-64k-while-others-sell-into-the-bear-market\/","title":{"rendered":"Bitcoin Miner Cleanspark Adds 454 BTC at $64K While Others Sell Into the Bear Market"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Cleanspark bought 454 BTC for about $29 million on July 7 at an average price near $64,000.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The miner\u2019s treasury now totals 13,924 BTC, worth roughly $880 million.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Public miners sold a record 32,000+ BTC in Q1 2026, making Cleanspark\u2019s accumulation a contrarian bet.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Swimming Against The Tide<\/h2>\n<p>The purchase was made at an average price of roughly $64,000 per coin, according to trackers, pushing the Las Vegas-headquartered company to within striking distance of 14,000 <span>BTC<\/span> (while simultaneously cementing its place among the largest <span>bitcoin<\/span> holders in the public mining sector).<\/p>\n<figure id=\"attachment_829996\" aria-describedby=\"caption-attachment-829996\" style=\"width:822px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-829996\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>Cleanspark\u2019s accumulation stands out because the industry has been moving the other way. Publicly listed miners sold more than 32,000 <span>BTC<\/span> combined in the first quarter of 2026, a record that surpassed their full-year 2025 total, with Marathon alone selling more than 20,800 <span>BTC<\/span> to retire debt and fund expansion.<\/p>\n<p>Against that backdrop, a miner adding nine figures\u2019 worth of <span>bitcoin<\/span> is quite the statement, suggesting conviction in prices going up over the coming weeks.<\/p>\n<h2>The Numbers Show Heavy Bleeding<\/h2>\n<p> <span>Bitcoin.com<\/span> News reported that Cleanspark posted a <a href=\"https:\/\/news.bitcoin.com\/bitcoin-miner-cleanspark-posts-378m-loss-in-q2\/\">$378.3 million net loss<\/a> for its fiscal second quarter ended March 31, driven largely by a $224.1 million non-cash loss on the fair value of its <span>bitcoin<\/span> as prices fell. The same filings showed the company holding $925.2 million in <span>bitcoin<\/span> and $260.3 million in cash at quarter-end, meaning the treasury itself remains the balance sheet\u2019s center of gravity.<\/p>\n<p>Fair-value rules force miners to mark their <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> to market each quarter, so the same stack that produced a paper loss in the spring would swing to gains in any recovery (a <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-leverage-in-crypto-trading\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">leverage<\/a> effect Cleanspark is effectively increasing with each purchase).<\/p>\n<p>Also, Cleanspark has consistently characterized its purchases as opportunistic, adding coins routinely during market weakness rather than at euphoric tops. Buying at an average near $64,000 is concurrent with that sentiment.<\/p>\n<p>Lastly, it bears mentioning that mining stocks have held up better than the asset they produce this year, and miner equities as a group have <a href=\"https:\/\/news.bitcoin.com\/bitcoin-mining-stocks-sink-friday-yet-still-beat-btc-in-2026-performance\/\">outperformed BTC<\/a> this year.<\/p>\n<p>In that regard, a miner that holds rather than sells its production must fund operations from other sources, and a deeper <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> decline would compound both the operating squeeze and the mark-to-market losses. For the time being, the message from the July 7 purchase is unambiguous, i.e. while competitors sell the <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bear market<\/a>, Cleanspark is buying.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/cleanspark-adds-454-bitcoin-treasury-13924-btc\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Cleanspark bought 454 BTC for about $29 million on July 7 at an average price near $64,000. The miner\u2019s treasury now totals 13,924 BTC, worth roughly $880 million. Public miners sold a record 32,000+ BTC in Q1 2026, making Cleanspark\u2019s accumulation a contrarian bet. Swimming Against [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75232"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75232"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75233"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}