Three Mining Companies Reduce Bitcoin Production in June
CleanSpark, BitFuFu, and Canaan reduced Bitcoin production in June.
CleanSpark, BitFuFu, and Canaan reported a decrease in Bitcoin production in June, despite a drop in mining difficulty to its lowest level in 2026.
CleanSpark produced 614 BTC compared to 671 BTC in May. BitFuFu’s production fell from 177 BTC to 125 BTC. Canaan mined 64 BTC compared to 90 BTC the previous month.
CleanSpark attributed its weaker results to a decline in average operational hash rate, which fell from 46 EH/s to 43 EH/s over the month. By the end of June, the miner held 13,924 BTC.
BitFuFu’s total computational power decreased from 19.5 EH/s to 15 EH/s due to reduced leased capacity. However, the company continued to expand its own fleet, deploying 1,200 additional S21 XP miners in June, increasing its hash rate to 3.5 EH/s. In July, the company plans to connect another 2,000 devices.
Canaan attributed the production decline to power grid maintenance at one of its sites. Meanwhile, its Texas joint venture recovered from disruptions caused by wildfires in May. The miner added 49 BTC to its balance, ending June with a record 1,915 BTC and 3,952 ETH.
The companies’ stock prices reacted differently. CleanSpark shares rose to $13 (+5%), BitFuFu to $1.42 (+7%), while Canaan’s fell to $0.2 (-1.5%).
CleanSpark’s New $6.6 Billion Contract
On July 14, CleanSpark signed a 20-year lease agreement for a data center campus in Sandersville, Georgia, with an unnamed investment-grade technology company. The contract is valued at $6.6 billion.
https://t.co/USs4mfedMv— CleanSpark Inc. (@CleanSpark_Inc) July 14, 2026
The tenant will deploy infrastructure with a capacity of 175 MW. The facility is scheduled to be operational in the fourth quarter of 2027. The agreement includes two five-year extension options, which could increase the total deal value to $11.6 billion.
According to CleanSpark CEO Matt Schultz, the agreement marks the company’s transition from Bitcoin mining to a diversified digital infrastructure model and will enable the commercialization of energy assets.
Simultaneously, the parties signed an agreement for exclusive negotiations regarding CleanSpark’s entire Texas portfolio, which includes two sites totaling 718 acres with a potential capacity of up to 885 MW for data center deployment.
The company expects the contract to generate approximately $330 million in net operating income annually with nearly 100% operating margin.
CleanSpark began its shift toward AI infrastructure in the fall of 2025, when it announced plans to develop its data center business and explore the possibility of repurposing its energy sites for AI workloads.
Previously, mining company MARA Holdings acquired a site in Matagorda County, Texas. The total deal value could reach $600 million.