Benzinga – CleanSpark Inc (NASDAQ:CLSK) shares are trading lower. The company on Monday released a bitcoin mining update for March.
What Happened: CleanSpark said it mined 806 bitcoin in March, up 24% from February. The company’s total bitcoin holdings have now grown to 5,021 as of March 31.
Daily bitcoin mined was 26 on average last month and reached a high of 28.14. CleanSpark said it sold 3.37 bitcoin last month at an average of approximately $58,800 per bitcoin.
CleanSpark also noted that construction of its recent Dalton acquisition is nearing completion. 15 megawatts of power are scheduled to be turned on early this week, which will set the stage for the company to begin racking miners. Once miners are racked, the site is expected to bring CleanSpark’s operating hashrate to over 17 EH/s.
“With the capital on hand we have now fully funded the remaining payments of all 160,000 S21s that we announced in January….
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