The post CleanSpark allocates Bitcoin profits toward AI foray appeared com. CleanSpark is channeling proceeds from its Bitcoin mining operations directly into its new artificial intelligence (AI) division. The company used capital from over $64 million in recent sales to secure critical power and land for data centers. Summary CleanSpark sold 589 bitcoin for $64 million in October, using proceeds to acquire resources for a new AI data center in Texas. The miner produced 612 BTC last month, bringing total 2025 output to 6, 537 BTC. The move aligns with a broader industry trend as firms like IREN, Riot, and Cipher pivot from Bitcoin mining toward AI and high-performance computing infrastructure. On Nov. 4, Bitcoin (BTC) mining company CleanSpark announced its October operational results, revealing a new blueprint in which its crypto mining arm is now directly funding a corporate future. The company confirmed that it sold 589 Bitcoin last month for over $64 million in proceeds, capital it is immediately deploying to secure 271 acres of land and 285 megawatts of power near Houston, Texas, for a dedicated AI data center. “These milestones show that we’re not just talking about growth we’re executing it. While Bitcoin remains an integral part of our business, we’re equally focused on developing large-scale data centers that will power the next generation of innovation across the digital world,” CleanSpark CEO Matt Schultz said. Industry veteran Jeffrey Thomas is leading CleanSpark’s AI pivot. A key infrastructure partnership with immersion cooling firm Submer, according to the press release. CleanSpark moves from Bitcoin blocks to compute power In October, CleanSpark produced 612 bitcoin, bringing its total for the calendar year to 6, 537 coins. This consistent output is supported by a deployed fleet of over 240, 000 miners, achieving a peak operational hashrate of 50 exahashes per second. The company’s efficiency remains a key advantage, with its best-performing machines operating.