CleanSpark Releases June 2023 Bitcoin Mining Update; Company Mined 1,624 Bitcoins During The Quarter, While The Company's Bitcoin Holdings Grew 170% Quarter Over Quarter
Portfolio Pulse from Happy Mohamed
CleanSpark, Inc. (NASDAQ:CLSK) released its unaudited bitcoin mining and operations update for the quarter ending June 30, 2023. The company mined 1,624 bitcoins during the quarter, and its bitcoin holdings grew 170% quarter over quarter. CleanSpark funded growth and operations through the sale of 413 bitcoins in June 2023 at an average of approximately $27,200 per BTC. The company also announced progress in its expansion plans in Washington and Dalton, Georgia.
July 03, 2023 | 1:00 pm
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POSITIVE IMPACT
CleanSpark's successful quarter in terms of bitcoin mining and the progress in its expansion plans could positively impact its stock price.
CleanSpark's successful quarter in terms of bitcoin mining and the progress in its expansion plans indicate a strong operational performance. This could increase investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100