Bitcoin Miner Rallies On Revenue Spike, Wyoming Expansion.

Autor:	MILLER, HARRISON (AUTHOR)
Předmět:	BITCOIN, CRYPTOCURRENCY mining, CRYPTOCURRENCIES, PRICES
Zdroj:	Investors Business Daily. 5/10/2024, pN.PAG-N.PAG. 1p.
Abstrakt:	Bitcoin miner CleanSpark experienced a surge in revenue and stock price after reporting strong quarterly earnings. The company's earnings per share improved significantly, and revenue increased by 163%. CleanSpark attributed the revenue growth to an increase in operational capacity and rising bitcoin prices. Additionally, CleanSpark announced plans to purchase two bitcoin mining locations in Wyoming, which will add processing power and potentially expand in the future. Despite a recent decline, CleanSpark's stock is up over 50% this year. Bitcoin itself has also seen gains in 2024, although it is down from its record high in March. [Extracted from the article]
Databáze:	Regional Business News
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