CleanSpark (CLSK) Jumps 17.66% on Bitcoin Boom

We recently published 10 Stocks Stole the Show, 5 Hit Historic Highs. CleanSpark, Inc. (NASDAQ:CLSK) is one of the best performers on Thursday..

Shares of CleanSpark rallied for a third straight day on Thursday, surging by 17.66 percent to end at $13.46 apiece and tracking the rally in Bitcoin prices amid strong optimism for the cryptocurrency.

This followed a roundtable discussion earlier this week, which aimed to advance US efforts to acquire 1 million Bitcoins over the next five years.

The meeting—hosted by Sen. Cynthia Lummis and Rep. Nick Begich—was attended by industry stakeholders, including CleanSpark, Inc. (NASDAQ:CLSK) Chairman and CEO Matthew Schultz, Strategy Inc. Chairman Michael Saylor, and Bitmine Chairman Thomas Lee, among others.

The roundtable followed Lummis’ introduction of a bill in March called the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act (Bitcoin Act), in line with President Donald Trump’s executive order to establish a national crypto treasury.

For its part, CleanSpark, Inc. (NASDAQ:CLSK) continued to ramp up its Bitcoin mining operations. Last month alone, it said it was able to produce 657 Bitcoins at an operational hash rate of 50 EH/s.

As of writing, the prices of Bitcoin have gone up by 0.84 percent to $117,436.60 apiece.

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Disclosure: None. This article is originally published at Insider Monkey.