Just noticed CleanSpark sold almost all their February bitcoin production - 553 out of 568 BTC they mined. That's a 97% sell-off rate, pretty aggressive. Generated around $36.6 million in proceeds to fund their AI infrastructure expansion. They're building out that 300 MW Texas campus and clearly need the cash for it.

This is becoming a pattern now. Major miners are shifting away from just hodling BTC and actively sold portions to fund data center buildouts for AI and HPC. CleanSpark still has a solid treasury with 13,363 BTC though, so it's not like they're desperate. But the fact that they sold this much of their monthly production tells you where the priorities are shifting.

Meanwhile BTC is still struggling around that $74K zone after briefly touching $76K. With funding rates negative on perpetuals for 46 days straight, the market sentiment remains pretty cautious despite all the institutional infrastructure moves happening behind the scenes.