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TechFlow news, Bitcoin miner CleanSpark has amended its at-the-market (ATM) issuance agreement to sell up to $800 million in shares. Yesterday, Bitcoin miner CleanSpark plunged 10% in after-hours trading.
CLSK's market capitalization stands at $4.2 billion, and the issuance of $800 million in shares will effectively dilute CLSK stock by 19%.
Bitcoin miner CleanSpark has amended its at-the-market (ATM) issuance agreement to sell up to $800 million in shares. CleanSpark's stock plunged 10% in after-hours trading yesterday. With a market capitalization of $4.2 billion, the issuance of $800 million in shares will effectively dilute CLSK shares by 19%.
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