What’s Going On With Bitcoin Mining Stocks CleanSpark And Riot Platforms?
Bitcoin (CRYPTO: BTC) mining stocks CleanSpark Inc (NASDAQ:CLSK) and Riot Platforms Inc (NASDAQ:RIOT) are trading higher Monday after the companies released mining updates for December.
What Happened: CleanSpark mined 668 Bitcoin in December, up from 622 Bitcoin mined in November. CleanSpark said it mined a total of 7,024 Bitcoin in 2024. The company noted that it had 9,952 in total Bitcoin holdings as of Dec. 31.
CleanSpark’s average hashrate throughout December was 35.52 EH/s. The company ended the period with an operating hashrate of 39.1 EH/s. CleanSpark noted that it sold 12.65 Bitcoin last month at an average price of approximately $101,246.
CleanSpark also announced the closing of its zero-coupon convertible notes offering and noted that its two Bitcoin mining facilities in …