financetom
Business
financetom
/
Business
/
What's Going On With Shares Of Bitcoin Miner CleanSpark?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Shares Of Bitcoin Miner CleanSpark?
Apr 1, 2024 6:11 AM

CleanSpark Inc ( CLSK ) shares are trading lower. The company on Monday released a bitcoin mining update for March.

What Happened: CleanSpark ( CLSK ) said it mined 806 bitcoin in March, up 24% from February. The company’s total bitcoin holdings have now grown to 5,021 as of March 31.

Daily bitcoin mined was 26 on average last month and reached a high of 28.14. CleanSpark ( CLSK ) said it sold 3.37 bitcoin last month at an average of approximately $58,800 per bitcoin. 

CleanSpark ( CLSK ) also noted that construction of its recent Dalton acquisition is nearing completion. 15 megawatts of power are scheduled to be turned on early this week, which will set the stage for the company to begin racking miners. Once miners are racked, the site is expected to bring CleanSpark’s operating hashrate to over 17 EH/s.

“With the capital on hand we have now fully funded the remaining payments of all 160,000 S21s that we announced in January. We are prepared to thrive post-halving. We are now looking beyond halving and expect to be highly active over the coming months given that we have the balance sheet and capital tools to make us one of the most aggressive acquirers in the industry,” said Zach Bradford, CEO of CleanSpark ( CLSK ).

“Being prepared to act on the opportunities that meet the CleanSpark ( CLSK ) standard will be our focus for the balance of the year. We now have all the tools in place to be best positioned for action.”

See Also: $150,000 Bitcoin Boom Expected In 2024, Says Hedge Fund Manager: ‘Bitcoin Is The King, It Is The Dominant Token’

How To Buy CLSK Stock

By now you're likely curious about how to participate in the market for CleanSpark ( CLSK ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. In the case of CleanSpark ( CLSK ), which is trading at $19.1 as of publishing time, $100 would buy you 5.24 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

CLSK Price Action: CleanSpark ( CLSK ) shares were down 9.34% at $19.20 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 >
Insurer Travelers' profit jumps on lower catastrophe losses, stronger underwriting
Insurer Travelers' profit jumps on lower catastrophe losses, stronger underwriting
Oct 16, 2025
(Reuters) -Insurance bellwether Travelers Companies reported a profit surge in the third quarter on Thursday, helped by lower catastrophe losses, stronger underwriting fees and higher investment returns. Resilient consumer spending, despite higher borrowing costs, has helped sustain insurance demand, as businesses and households continue to prioritize protection against financial risks, accidents, property damage and natural disasters. Travelers' results often serve...
Caliber Continues to Increase Chainlink (LINK) Token Exposure with an Additional $2.0 Million Acquisition
Caliber Continues to Increase Chainlink (LINK) Token Exposure with an Additional $2.0 Million Acquisition
Oct 16, 2025
SCOTTSDALE, Ariz., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Caliber , a leading diversified real estate and digital asset management platform, today announced the completion of a strategic $2.0 million purchase of Chainlink (LINK) tokens, further strengthening its Digital Asset Treasury (DAT) Strategy and underscoring its commitment to blockchain innovation. Caliber acquired 94,903 LINK tokens at an average price of $21.07...
Jack in the Box Inc. Announces Definitive Agreement to Sell Del Taco Holdings Inc. to Yadav Enterprises Inc.
Jack in the Box Inc. Announces Definitive Agreement to Sell Del Taco Holdings Inc. to Yadav Enterprises Inc.
Oct 16, 2025
SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. ( JACK ) (the “Company”) today announced that it has entered into a definitive agreement to sell Del Taco Holdings Inc. (“Del Taco”), a wholly owned subsidiary of the Company which operates and franchises more than 550 Del Taco restaurants, to Yadav Enterprises Inc. (“Yadav”) for $115 million in cash, subject to...
NUBURU Restores NYSE Compliance and Strengthens Defense Transformation With Its Acquisition Plan Underway
NUBURU Restores NYSE Compliance and Strengthens Defense Transformation With Its Acquisition Plan Underway
Oct 16, 2025
Technical communication issue resolved earlier this week; dual-CEO team driving rapid expansion, regulatory excellence, and new stages of growth across defense and industrial innovation sectors CENTENNIAL, Colo.--(BUSINESS WIRE)-- NUBURU, Inc. ( BURU ) , a pioneer in next-generation blue-laser defense and advanced manufacturing technologies, today reaffirmed that it remains in full compliance with NYSE American regulatory disclosure requirements. This...
Copyright 2023-2026 - www.financetom.com All Rights Reserved