6/20/2023 0 Comments Btig cleanspark![]() You can skip our comprehensive analysis of the current bitcoin industry. Other options include monetizing some of the company's bitcoin (BTC) holdings, which doesn’t necessarily mean just sales, because it might include yield strategies, as well.īTIG’s Lewis maintained his buy rating and 12-month price target of $30 on CleanSpark's shares, which is triple the current levels. 9 min read In this article, we will take a look at the 10 best bitcoin stocks to buy now.Speaking on its earnings call, CleanSpark management said that it prefers to raise the capital by issuing rig-backed debt and that the company is in active talks with lenders. 1 Aoyon Ashraf Februat 10:40 AM 1 min read Shares of CleanSpark rose sharply on Thursday on news that the company plans to sell its legacy energy business in order to focus on its. He figures CleanSpark will need about $40 million in capital expenditures to hit that number. The company has a current hashrate of 2.1 exahashes per second and another roughly 1.9 EH/s on order, Lewis wrote, with a hoped-for year-end hashrate of about 4.0 EH/s. We achieved a significant milestone during the month of May, said Zach Bradford, CEO. (Nasdaq: CLSK), America’s Bitcoin Miner, today released its unaudited bitcoin mining and operations update for the month ending May 31, 2023. (Nasdaq: CLSK) (CleanSpark), America’s Bitcoin Miner, today announced that Matthew Schultz, Executive Chairman, and Gary. stock market increased nearly 10 times over the past three decades, compared to only a 15 increase in inflation-adjusted median full-time earnings. ![]() The stock was recently up nearly 15%, far outpacing today’s gains for the rest of the crypto mining industry.ĬleanSpark CEO Zach Bradford announced the company's new strategy along with the release of its fiscal first-quarter earnings report late Wednesday.īTIG analyst Gregory Lewis says the plan has the “potential to flip the script and drive incremental growth.” 2 days ago &0183 &32 LAS VEGAS, J(GLOBE NEWSWIRE) - CleanSpark Inc. 12, 2022 (GLOBE NEWSWIRE) - CleanSpark, Inc. CLSK : CleanSpark stock forecast, predictions, and share price target for 2022. Shares of CleanSpark rose sharply on Thursday on news that the company plans to sell its legacy energy business in order to focus on its faster-growth bitcoin mining operations. ![]()
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