Bitcoin mining company CleanSpark has spent $460 million to repurchase 30.6 million shares of common stock
According to PRNewswire, Nasdaq-listed Bitcoin mining company CleanSpark announced that it has spent $460 million to repurchase 30.6 million shares of common stock, accounting for approximately 10% of the company's current outstanding shares. This repurchase does not involve any shares held by the company's directors or executives. Additionally, the company announced that the previously disclosed $1.15 billion fundraising transaction for the issuance of convertible preferred notes has now been completed.
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