Here's Why CleanSpark Stock Spiked Higher Today

Shares of CleanSpark (NASDAQ: CLSK) spiked higher on Wednesday, after the company announced it had made a relatively large sale. As of 11 a.m. EST, the stock was up 10%.

CleanSpark has been in the news in recent weeks thanks to the new bitcoin-mining side of its business. After its December acquisition of ATL Data Center, the company got right to work mining bitcoin. And considering the price of bitcoin has been on the up and up, the opportunity was received enthusiastically by investors.

Image source: Getty Images.

Continue reading

Source Fool.com