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Cadre Holdings CEO Warren Kanders sold $50.3 million worth of stock. Ares Management CEO Michael Arougheti sold $32.7 million worth of stock. Cadence Design Systems CEO Anirudh Devgan sold $14.7 million worth of stock. AppLovin CFO Herald Chen sold about $9.5 million worth of stock. Cleanspark CEO Zachary Bradford sold nearly $9 million worth of stock.
Persons: Michael Dell, Verity Data, Mark Zuckerberg, Chan Zuckerberg, Zuckerberg, Priscilla Chan, Warren Kanders, Kanders, Jayshree Ullal, Michael Arougheti, Sytse Sijbrandij, Sijbrandij, Anirudh Devgan, Aneel Zaman, Herald Chen, Zachary Bradford Organizations: Dell Technologies, Dell, DELL, Securities and Exchange Commission, Chan Zuckerberg Initiative, Facebook, Cadre, VerityData, Arista Networks, Ares Management, Cadence Design, Herald Locations: 10b5
Bitcoin miner CleanSpark climbed on Tuesday after the company said it will acquire new mining facilities that will give it the power and infrastructure to potentially double its hashrate within the first half of the year. At one point, the stock rose as high as 10.8%, also helped by a midday rise in the price of bitcoin . The company agreed to buy three "turnkey" sites — meaning they need only to plug their existing hardware into the facility — in Mississippi for $19.8 million in cash. Additionally, CleanSpark plans to acquire a facility in Dalton, Georgia, for an initial cash payment of $3.4 million. "Our operations in Georgia have given us significant experience in southeastern power markets.
Persons: CleanSpark, Zachary Bradford Organizations: CNBC Locations: Mississippi, Dalton , Georgia, Dalton, Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSEC pushes back BlackRock's spot ether ETF decision: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Zachary Bradford, the CEO of CleanSpark, explains how the bitcoin miner is preparing for the upcoming halving.
Persons: explainers, Zachary Bradford Organizations: SEC, CNBC Crypto, CNBC
Total: 3