World Crypto Global
- Written by: Crypto Breaking News
- Fri, 29 Mar 2024
- United Kingdom
Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial $500 million to $800 million offering with H.C. Wainwright & [...]The post Cleansparks Stock Tumbles 10% After Plans to Sell $800 Million in Shares appeared first on Crypto Breaking News.
Cleansparks Stock Tumbles 10% After Plans to Sell $800 Million in Shares
Bitcoin miner Cleansparks stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial $500 million to $800 million offering with H.C. Wainwright & [] Source: Bitcoin.com
The post Cleansparks Stock Tumbles 10% After Plans to Sell $800 Million in Shares appeared first on Crypto Breaking News.
