Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market

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Bitcoin miner CleanSpark_Inc plans to continue its M&A spree, taking advantage of the crypto winter, its execs said on an earnings call. by Aoyon_A

Bitcoin miner CleanSpark said it will continue to look for growth through accretive acquisitions of mining assets, as the crypto winter continues to weigh on the industry.

"We have been thoughtful and calculated buyers in this market, seeking out accretive acquisitions and efficiently deploying capital," Vecchiarelli said in a Bradford noted the move doesn't necessarily mean the company will issue any of the authorized shares, but it will give the company the option to use equity, if needed, to reach its targeted growth."We believe the [increased] shares would provide us the flexibility to not only maintain market share, but to substantially grow market share, just as we have in the past," he said on the conference call.

 

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CleanSpark_Inc Aoyon_A CleanSpark is excellently managed and immensely undervalued - shareholders are in good hands here.

CleanSpark_Inc Aoyon_A It's not surprising that CleanSpark_Inc is taking advantage of the crypto winter to bolster its business through M&A. Smart companies are looking for ways to expand

CleanSpark_Inc Aoyon_A With what money?

CleanSpark_Inc Aoyon_A and screwing their shareholders..

CleanSpark_Inc Aoyon_A CleanSpark is DISGUSTINGLY undervalued.

CleanSpark_Inc Aoyon_A Most underrated miner stock out there

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CleanSpark kicks off bitcoin miner earnings with revenue expected to rise 13%: PreviewRevenue and net income for CleanSpark's quarter ending in December 2022 are estimated to improve over the previous period, but be below last year's numbers. ₿⬆️
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