Seeking Alpha
2022-04-05 13:16:24

CleanSpark March daily BTC production reached high of 10.57

CleanSpark (NASDAQ:CLSK) reported March monthly production of 318 compared to 276 in Feb'22; YTD production stood at 898. March daily BTC production reached a high of 10.57 vs. Feb daily BTC production of 10.15. As of Mar. 31, total BTC holdings were 420; total BTC converted for operations and growth in the month were 391. The bitcoin miner currently has a deployed fleet of over 23,000 machines with a total hashrate of 2.3 EH/s. It fully funded growth and operations through the sale of 420 bitcoins in Mar. at an average of ~ $42,294/BTC. Sales of BTC equated to proceeds of ~$17.6M, most of which was used for growth capital expenditures at the company’s Norcross facility. CLSK +1.66% pre-market

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