What's Going On With Bitcoin Mining Stocks CleanSpark, Riot Platforms?

Bitcoin (CRYPTO: BTC) mining stocks CleanSpark Inc (NASDAQ:CLSK) and Riot Platforms Inc (NASDAQ:RIOT) are seeing increased attention Thursday after the companies released mining updates for September.

What’s Going On With CLSK: CleanSpark said it mined 493 Bitcoin in September, up from 478 in August. The company has now mined a total of 5,079 Bitcoin year-to-date, bringing its total Bitcoin holdings up to 8,049 as of Sept. 30.

CleanSpark sold 2.5 bitcoin last month at an average price of approximately $58,287 per coin. The company had an average hashrate of 23.4 EH/s for the month, resulting in an average of 16.43 Bitcoin mined daily. CleanSpark noted that it had a peak hashrate of 27.6 EH/s in September before Hurricane Helene impacted its operations at the end of the month.

CleanSpark noted that it experienced no material damage to any site infrastructure and is not aware of any material losses ...

Full story available on Benzinga.com