CleanSpark has remained completely focused on becoming one of the largest Bitcoin miners in America. And now, they are holding more Bitcoin than ever before.
What’s happening:
- CleanSpark (NASDAQ: CLSK) has officially hit a new all time high of total amount of Bitcoin being held directly as an asset
By the numbers:
- CleanSpark now holds 10,097 Bitcoin which has all been mined by their own operations and Bitcoin mining facilities
- On an annual basis, CleanSpark has grown their total Bitcoin holdings by 236%
Why it matters:
- CleanSpark has quickly become one of the most important publicly traded Bitcoin miners that has all of their operations based domestically in the United States of America and has no presence in other countries globally
Going deeper:
- Other publicly listed Bitcoin miners including MARA Holdings (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT) have recently been raising capital to purchase more Bitcoin, which is something CleanSpark has avoided doing in favour of deepening their capital investment into expanding their own Bitcoin mining facilities
