CleanSpark Mines 612 Bitcoin in October, Holds Over 13,000 BTC

The Nasdaq-listed miner reports increased Bitcoin holdings in October, with over 5,400 BTC pledged as collateral or receivables.

BTC

Summary

CleanSpark, a Nasdaq-listed Bitcoin mining company, reported producing 612 BTC in October. As of October 31, its total Bitcoin holdings reached 19,324 BTC, with 5,444 BTC pledged as collateral or recorded as receivables. The latest figures indicate growth in the firm’s reserves compared to previous disclosures.

Terms & Concepts
  • Collateral: Assets pledged to secure a loan or other credit arrangement.
  • Accounts Receivable: Amounts owed to a company by its customers for goods or services delivered but not yet paid for.
  • BTC: Abbreviation for Bitcoin, the world's first and largest cryptocurrency by market capitalization.