🌋 CleanSpark Miner to Launch Its Trading Desk
posted 3 Jan 2024
CleanSpark, a U.S.-based mining enterprise, is gearing up to launch its own trading desk in 2024. CEO Zachary Bradford sees this initiative as a strategic move to optimize profits, surpassing what third-party platforms offer.
"We really think that doing it ourselves is the best way, especially with the large Bitcoin balance we have," Bradford stated.
CleanSpark aims to comply with all regulatory requirements and plans to employ established trading mechanisms like options contracts. The company previously reported holding approximately 2,575 BTC in their wallets, valued at around $116 million at the current exchange rate.