2026-01-07 13:26:23

I recently came across operational data from a mining company, which quite effectively illustrates the current situation. CleanSpark mined a total of 7,746 BTC last year, with 622 BTC mined in December alone, maintaining steady growth in hash rate. Interestingly, in December, they sold 577 BTC, converting it into $51.46 million in cash that month, while still holding 13,099 BTC in reserve.

Behind these numbers, there are actually two layers of meaning. One is that the operational logic of mining companies is changing. They are mining and selling simultaneously, managing cash flow very carefully. This is not for quick cash-out or fleeing, but for covering costs and financial optimization. In simple terms, companies like CleanSpark are no longer just hodlers; they are operating as institutions following business rules. Being able to sell nearly 600 BTC in a month and still absorb it indicates that the market acceptance is there, whether in terms of institutional allocation needs or liquidity depth.

On another level, this reflects the evolution of the entire mining industry. Mining companies are transforming from simple mining producers into professional organizations that understand inventory management and cash flow operations. They are making decisions more like mature energy or tech companies, moving away from rough, large-scale production models.

From this perspective, several points are worth noting. First, whether mining companies sell or hold their coins, and when they sell, directly reflects real-time changes in Bitcoin supply. Second, their hodling amount—CleanSpark’s 13,099 BTC—is essentially like a water reservoir, which could impact the market in the future. Third, don’t forget that while everyone is discussing ETFs and Layer2 solutions, these mining companies are still focused on mining. The production of over 7,700 BTC is the fundamental security and true value source of the Bitcoin network.

It’s fine to look at K-line charts when the market is hot, but when the market stabilizes, fundamentals should be the focus. Mining company financial reports are the most solid fundamental data, and the numbers are real. Instead of just listening to rumors, it’s better to pay more attention to the actual actions of these Bitcoin producers.

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GateUser-6bc33122

· 3h ago

Over 13,000 BTC just sitting there, how big is this guy's heart? I like the pace of CleanSpark; mine and sell, cash flow is unstoppable, much smarter than those mining companies that hoard. Mining companies are starting to play with finance, indicating that this circle is really growing up, no longer the rough era. 600 BTC a month, and they just sell? Is the liquidity that deep? The market is more resilient than expected. The key is, when will they let go of those 13K BTC? There might be a big shakeout then. Everyone's talking about ETFs, but mining companies are still digging away. That's the real fundamentals. Data speaks louder than those self-media hype, much more reliable.

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OPsychology

· 01-07 13:56

Well, this is the true fundamentals, much more reliable than those well-informed insiders. CleanSpark's 13,099 BTC is a ticking time bomb; whenever they decide to sell, it can shake the market. Mining and selling simultaneously can still stabilize, indicating that the mining industry is truly mature and no longer driven by gambler mentality. The production of over 7,700 BTC is the real support for Bitcoin; everything else is just surface-level talk. The actions of mining companies are much more honest than candlestick charts; that's what’s worth paying attention to.

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PensionDestroyer

· 01-07 13:53

Damn, CleanSpark's move is really brilliant. Mining while selling and still accumulating coins—that's the way institutions play. Selling 577 units in a single month and still managing to digest it? Shows that big institutions are truly hungry; liquidity is never a problem. Holding 13,099 BTC—this is a ticking time bomb. Whenever it explodes, it can shake the market. Compared to watching K-line charts daily and calling trades, it's more reliable to honestly monitor mining company financial reports—that's real gold and silver. After all the hype about concepts like hype, we still have to return to fundamentals. Mining company data doesn't lie. Who still cares about mining now? Everyone's talking about ETFs and Layer 2 solutions, but they forget that the ultimate security of BTC still depends on these miners. 13K BTC is like a water reservoir; every move by these mining companies could change market expectations in the future. Turning point: If mining companies start large-scale production cuts, the entire supply side will need to be reassessed. Don't be naive to think that coin prices are only driven by sentiment.

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VitalikFanAccount

· 01-07 13:42

Selling coins doesn't mean being bearish; this is the true professional approach. CleanSpark's move is indeed strong—mining and selling while still accumulating so much shows real financial expertise. What are retail investors still watching? ETFs. The mining companies have long been playing the supply-side game. They can digest 600 coins a month; the market depth is deeper than expected. 13,099 BTC is like a time bomb—timing the sell-off is the key.

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GateUser-ccc36bc5

· 01-07 13:35

Hmm... holding 13,099 BTC is like a time bomb; it all depends on when they let go. CleanSpark's move is indeed clever—mining and selling at the same time to control cash flow. Finally, there's a mining company that isn't just hoarding coins crazily. The story on the supply side has been overlooked for too long. The candlestick charts are flashy, but watching the actions of mining companies is more genuine. Eating up 600 BTC in a month shows the market depth isn't as shallow as expected.

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zkProofInThePudding

· 01-07 13:35

Mining data indeed doesn't lie, much more reliable than K-line charts CleanSpark holds 13,099 BTC, which is the real distribution of chips The pace at which mining companies sell coins reflects supply-side activity, this perspective indeed has gone unnoticed Almost 600 BTC shipped out in a month can still be absorbed; I previously underestimated the market depth Don't just focus on ETFs; the actions of mining companies are the most fundamental safeguard for Bitcoin It feels like the mining industry’s move towards formalization is inevitable, after all, to survive long-term 13K BTC is like a time bomb; when they let go, it will definitely impact the market Compared to hearing rumors, these real data in hard cash are more reassuring Mining companies transforming from hoarders to financial managers; this evolution really explains a lot Money flowing in over 50 million USD per month; the market’s capacity isn’t as bad as imagined

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