Bitcoin Mining Firm CleanSpark Spends $460 Million to Buy Back 30.6 Million Shares

BlockBeats News, November 14th, according to MarketWatch, Nasdaq-listed Bitcoin mining firm CleanSpark has announced a $460 million share repurchase of 30.6 million common shares, representing approximately 10% of the current outstanding shares. This buyback does not involve any holdings of the company's directors or executives. Additionally, the company has announced that the previously disclosed $1.15 billion private placement of convertible preferred notes has been completed.