By Sabela OjeaShares of CleanSpark on Monday climbed after the company said its bitcoin holdings more-than-doubled in the latest quarter and it sold more than 400 bitcoins for over $11 million in June. The stock has surged over 138% since the year started, and jumped by 23% in the past twelve months. The bitcoin company mined 1,624 bitcoins during the quarter, with bitcoin holdings growing by 170% when compared to the prior three-month period. Additionally, CleanSpark said it funded growth and operations through the sale of 413 bitcoins during the month of June, receiving proceeds of about $11.2 million. In the month of June, it mined 491 bitcoins, CleanSpark added.

Source: Wall Street Journal July 03, 2023 19:06 UTC