- CleanSpark (NASDAQ:CLSK) announced the purchase of an additional 2,250 units of the Antminer S19j pro bitcoin (BTC-USD) mining machine amid bitcoin reaching its all-time high price.
- Currently, bitcoin is trading at 63,830.32 which is 2.7% higher; with the ProShares Bitcoin Strategy ETF debuting yesterday, SA Contributor BiotechValley Insights believes that "Bitcoin is going much lower, sell your bitcoin before the launch of Bitcoin Futures ETF."
- Machine delivery is scheduled to start next month and be completed by July 2022.
- The company foresees sustainable bitcoin mining capacity to increase by an additional 225 PH/s.
- While currently the company operates 10K+ miners, the total number of miners slated for delivery over the next 12 months is now 26,830.
- CleanSpark plans to use some of its BTC holdings for future payments of these units in similar way it used to purchase 4.5K units in early October.
- Shares trading 0.8% higher premarket