Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

CleanSpark Inc (CLSK), a sustainable bitcoin mining and energy technology company, said last week that it had purchased additional 2,597 units of the Antminer S19 bitcoin mining machines.

Machine delivery is scheduled to be immediate and adds to the 2,711 rigs already bought and scheduled for delivery later in November.

At present, the company operates more than 12,800 miners, allowing it to provide a hashrate of 1.3 EH/s.

“We continue to take advantage of favorable pricing in the spot market to purchase machines as opportunities present themselves, rather than locking up capital for long periods of time, while we use the standard strategy of future delivery contracts,” Zach Bradford, Chief Executive Officer and President of CleanSpark, said in a statement.

CleanSpark shares closed higher for the fourth time in the past ten trading sessions on NASDAQ on Friday. It has also been the sharpest single-session gain since November 11th. The stock went up 4.90% ($0.84) to $18.00, after touching an intraday high at $18.66. The latter has been a price level not seen since November 17th ($18.80).

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: EUR/HKD daily trading forecastForex Market: EUR/HKD daily trading forecast Yesterday’s trade saw EUR/HKD within the range of 9.5543-9.7037. The pair closed at 9.5719, plunging 1.35% on a daily basis.At 7:27 GMT today EUR/HKD was down 0.35% for the day to trade at 9.5373. The pair touched a daily low at […]
  • US stock-index futures rose amid China exportsUS stock-index futures rose amid China exports US stock-index futures climbed, hinting the Standard & Poor’s 500 index will rise for a fifth straight day, as exports from China, the world’s second-largest economy, exceeded forecasts.Futures on the benchmark Standard & Poors 500 […]
  • Adamant to acquire 51% stake in Domooptik d.o.o.Adamant to acquire 51% stake in Domooptik d.o.o. Adamant Global Holding said on Friday that it had signed a non-binding letter of intent to acquire 51% of the shares of Domooptik d.o.o., a fiber optic service provider based in Bosnia and Herzegovina, with Fiber Optic assets covering a […]
  • Royal Dutch Shell share price up, Q1 profit beats estimates on strong refiningRoyal Dutch Shell share price up, Q1 profit beats estimates on strong refining Oil major Royal Dutch Shell reported on Thursday better-than-expected first-quarter profit as robust downstream results helped offset a steep decline in oil and gas production earnings.The Anglo-Dutch company said profit for the first […]
  • Google share price down, to launch YouTube KidsGoogle share price down, to launch YouTube Kids Googles online video streaming service will introduce a new application for children next week that will be compatible with smartphones and tablets.YouTube, which has over 1 billion users, will launch its new service on Monday in the U.S. […]
  • Gold trading outlook: futures halt gains on fears high prices may hurt demandGold trading outlook: futures halt gains on fears high prices may hurt demand Gold moderated increases on Wednesday, marking a third consecutive trading session of gains as dollar and equity weakness boosted the precious metals appeal as hedge.Comex gold for delivery in February gained 0.01%, to $1 232.1 per troy […]