Bitcoin Mining Stocks CleanSpark, Marathon Digital And Riot Platforms Are Sliding Monday: What’s Going On?
Bitcoin (CRYPTO: BTC) mining stocks Marathon Digital Holdings Inc (NASDAQ:MARA), Riot Platforms Inc (NASDAQ:RIOT) and CleanSpark Inc (NASDAQ:CLSK) are moving lower Monday morning. Each of the companies released mining updates for October.
CLSK Mining Update: CleanSpark mined 655 bitcoin in October, up 32% on a month-over-month basis. CleanSpark has now mined a total of 5,734 bitcoin year-to-date.
CleanSpark said it had total bitcoin holdings of 8,701 as of Oct. 31 after selling 2.78 bitcoin last month. The company ended the month with an operating hash rate of 31.3 EH/s.
“October was another remarkable operational month in the books for CleanSpark … There are just a few short months remaining in the calendar year, but we have a handful of projects under construction that we expect to come online and hashing before the start of 2025,” said Zach Bradford, CEO of CleanSpark.
At the time of publication, CleanSpark shares were down 3.71% at $9.96, according …
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