CleanSpark, Inc. (NASDAQ:CLSK) shares are moving higher on Friday amid a rise in the price of Bitcoin (CRYPTO: BTC).
The Details: Bitcoin is currently trading 3.4% higher at about $62,400 per data from Benzinga Pro. Other crypto-linked stocks that are moving higher amid the rise in the price of Bitcoin include Coinbase Global, Inc. (NASDAQ:COIN) and Riot Platforms, Inc. (NASDAQ:RIOT).
What Else: Earlier this week, CleanSpark announced that it achieved 30 EH/s in operational hashrate. The company plans to achieve 37 EH/s by the end of the year and 50 EH/s in 2025.
CEO of CleanSpark Zach Bradford said, "We have added more operational hashrate than any other miner in 2024."
In addition, the company announced that it promoted Brian Carson to Chief Accounting Officer from Director of Financial Reporting.
How To Buy CleanSpark Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
CLSKFor example, in Cleanspark (NASDAQ:CLSK)'s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Related Link: Elon Musk May Unveil Tesla's Robotaxi, But Consumers Respond With 'Ehhh,' New Study Reveals Skepticism, Need For Trust-Building
CLSK Price Action: At the time of writing, CleanSpark shares are trading 10.3% higher at $9.55, according to data from Benzinga Pro.
Image: Image via Shutterstock
