financetom
Business
financetom
/
Business
/
What's Going On With Bitcoin Mining Stock CleanSpark Tuesday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Bitcoin Mining Stock CleanSpark Tuesday?
Jul 2, 2024 8:54 AM

CleanSpark Inc ( CLSK ) on Tuesday released an unaudited Bitcoin (CRYPTO: BTC) mining and operations update.

What Happened: CleanSpark ( CLSK ) announced it mined 445 bitcoin in June, bringing its total bitcoin mined year-to-date up to 3,614. The company said it was holding 6,591 bitcoin as of June 30 after selling 8.06 bitcoin last month at an average price of $67,514.

CleanSpark’s average hashrate through the month of June was 17.85 EH/s, resulting in an average of 14.83 bitcoin mined daily. CleanSpark ( CLSK ) noted that it exceeded its mid-year hash rate target of 20 EH/s as a result of its previously announced acquisition of five new bitcoin mining sites in Georgia. 

“We reached a tremendous milestone on our path to 50 EH/s and beyond. Surpassing 20 EH/s in operational hashrate is more than double our hashrate from December,” said Zach Bradford, CEO of CleanSpark ( CLSK ).

“Doubling our hashrate takes grit and teamwork and our growth is a testament to the dedication of our teams. While our peers are exploring other avenues of income, we’re laser-focused on delivering results and increasing our bitcoin mining hashrate and associated revenues.”

CleanSpark ( CLSK ) also provided an update on its recent agreement to acquire GRIID Infrastructure. CleanSpark ( CLSK ) said it closed its acquisition of five turnkey sites in Georgia, providing 60 MW of immediately available data center infrastructure.

Once fully deployed, the company said it expects sites to add 3.7 EH/s of total hashrate. Approximately 1.7 EH/s have been deployed as of June 30, with additional hashrate expected to come online in July.

Check This Out: Bitcoin Miners Done Selling, $63K Could Cause Miner Stocks To ‘Explode Higher,’ Says Investor

CLSK Price Action: CleanSpark ( CLSK ) shares were down 1.23% at $17.70 at the time of publication, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Odysight.ai Files $200 Million Mixed Shelf
Odysight.ai Files $200 Million Mixed Shelf
Mar 11, 2026
04:35 PM EST, 01/30/2026 (MT Newswires) -- Odysight.ai ( ODYS ) late Friday filed a registration statement with the US Securities and Exchange Commission for the potential sale of up to $200 million of securities from time to time. The filing covers common stock, subscription rights, debt securities, warrants, and units. The company plans to use the proceeds for research...
Arcos Dorados Launches $150 Million Tender Offer for Notes due 2029
Arcos Dorados Launches $150 Million Tender Offer for Notes due 2029
Mar 11, 2026
04:38 PM EST, 01/30/2026 (MT Newswires) -- Arcos Dorados ( ARCO ) said late Friday it launched a cash tender offer to buy up to $150 million of its 6.125% sustainability-linked senior notes due 2029. Holders who tender by 5:00 pm New York City time on Feb. 12 will receive $1,030 per $1,000, which includes a $30 early payment. Notes...
Uniti Subsidiary Completes $960.1 Million Inaugural Fiber Network Notes Offering
Uniti Subsidiary Completes $960.1 Million Inaugural Fiber Network Notes Offering
Mar 11, 2026
04:39 PM EST, 01/30/2026 (MT Newswires) -- Uniti Group ( UNIT ) said late Friday that its limited-purpose, bankruptcy remote unit, Kinetic ABS Issuer, has completed an inaugural offering of $960.1 million of secured fiber network revenue term notes. The notes have an expected repayment date in February 2031, the company said. In connection with this offering, Kinetic ABS has...
K2 Capital Acquisition Corporation Announces Closing of its Upsized $138,000,000 Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Units
K2 Capital Acquisition Corporation Announces Closing of its Upsized $138,000,000 Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Units
Mar 11, 2026
NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- K2 Capital Acquisition Corporation ( KTWOU ) (the Company) today announced the closing of its upsized initial public offering of 13,800,000 units at $10.00 per unit, which includes the exercise in full by the underwriters of their option to purchase an additional 1,800,000 units, with each unit consisting of one Class A...
Copyright 2023-2026 - www.financetom.com All Rights Reserved