CleanSpark sells most of the Bitcoin (BTC) it mined last month

Source
JH Kim

Summary

  • CleanSpark said it mined a total of 568 Bitcoin (BTC) in February and sold 553 BTC of that amount.
  • It said the sale generated about $36.65 million in proceeds, with an average selling price of $66,279.
  • The proceeds are believed to have been used to fund expansion in high-performance computing (HPC) and artificial intelligence (AI) businesses, and CleanSpark said it holds a total of 13,363 BTC.

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Bitcoin (BTC) miner CleanSpark has sold most of the Bitcoin it mined last month.

According to CoinDesk, a digital asset (cryptocurrency)-focused outlet, CleanSpark mined a total of 568 Bitcoin in February and sold 553 BTC of that amount, posting roughly $36.65 million in proceeds.

The average selling price was calculated at about $66,279. The sale proceeds are believed to have been used to fund expansion in high-performance computing (HPC) and artificial intelligence (AI) businesses.

As of the end of last month, CleanSpark holds a total of 13,363 BTC.

Photo=Shutterstock
Photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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