Crypto Stocks Soar; Bitcoin Breaks $84000; CleanSpark Soars 22% After Trading Resumes

Tiger Newspress11-11

Coinbase stock and shares of other crypto-related companies rose on Monday as Bitcoin reached a fresh all-time high of $84,000, last at $83,987.

Canaan rose 36%; Bit Digital rose 24%; Marathon Digital rose 23%; CleanSpark rose 22%, once trading resumed; Coinbase rose 17%; MicroStrategy rose 16%.

CleanSpark, Inc., a company specializing in bitcoin mining and data center operations, last week clarified the recent trading halt of its stock and warrants on the Nasdaq. The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company's business or financials.

The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark's acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.

As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark's common stock at an exercise price of $165.24 per full share.

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Comments

nywles
11-12
nywles
Thanks
MIe
11-12
MIe
Btc shares rally at btc boom

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The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company&#39;s business or financials.</p><p style=\"text-align: start;\">The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark&#39;s acquisition of GRIID on October 30, 2024. 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The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company&#39;s business or financials.</p><p style=\"text-align: start;\">The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark&#39;s acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.</p><p>As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark&#39;s common stock at an exercise price of $165.24 per full share.</p><p style=\"text-align: start;\"></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"MARA Holdings","MSTR":"MicroStrategy","BTBT":"Bit Digital, Inc.","RIOT":"Riot Platforms","CLSK":"CleanSpark, Inc.","COIN":"Coinbase Global, Inc.","BITF":"Bitfarms Ltd."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189051189","content_text":"Coinbase stock and shares of other crypto-related companies rose on Monday as Bitcoin reached a fresh all-time high of $84,000, last at $83,987.Canaan rose 36%; Bit Digital rose 24%; Marathon Digital rose 23%; CleanSpark rose 22%, once trading resumed; Coinbase rose 17%; MicroStrategy rose 16%.CleanSpark, Inc., a company specializing in bitcoin mining and data center operations, last week clarified the recent trading halt of its stock and warrants on the Nasdaq. The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company's business or financials.The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark's acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark's common stock at an exercise price of $165.24 per full share.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":369986707939552,"gmtCreate":1731351304365,"gmtModify":1731351307727,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Btc shares rally at btc boom&nbsp;","listText":"Btc shares rally at btc boom&nbsp;","text":"Btc shares rally at btc boom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369986707939552","repostId":1189051189,"repostType":2,"repost":{"id":"1189051189","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1731339282,"share":"https://ttm.financial/m/news/1189051189?lang=&edition=fundamental","pubTime":"2024-11-11 23:34","market":"us","language":"en","title":"Crypto Stocks Soar; Bitcoin Breaks $84000; CleanSpark Soars 22% After Trading Resumes","url":"https://stock-news.laohu8.com/highlight/detail?id=1189051189","media":"Tiger Newspress","summary":"Bitcoin rallied past $81,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect of a Congress featuring pro-crypto lawmakers.Trump was declared th","content":"<html><head></head><body><p>Coinbase stock and shares of other crypto-related companies rose on Monday as Bitcoin reached a fresh all-time high of $84,000, last at $83,987.</p><p>Canaan rose 36%; Bit Digital rose 24%; Marathon Digital rose 23%; CleanSpark rose 22%, once trading resumed; Coinbase rose 17%; MicroStrategy rose 16%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e7ea7d5814cb7d7c2d2a351308955a4\" title=\"\" tg-width=\"391\" tg-height=\"637\"/></p><p><a href=\"https://laohu8.com/S/CLSK\">CleanSpark, Inc.</a>, a company specializing in bitcoin mining and data center operations, last week clarified the recent trading halt of its stock and warrants on the Nasdaq. The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company&#39;s business or financials.</p><p style=\"text-align: start;\">The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark&#39;s acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.</p><p>As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark&#39;s common stock at an exercise price of $165.24 per full share.</p><p style=\"text-align: start;\"></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks Soar; Bitcoin Breaks $84000; CleanSpark Soars 22% After Trading Resumes </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Stocks Soar; Bitcoin Breaks $84000; CleanSpark Soars 22% After Trading Resumes \n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-11 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Coinbase stock and shares of other crypto-related companies rose on Monday as Bitcoin reached a fresh all-time high of $84,000, last at $83,987.</p><p>Canaan rose 36%; Bit Digital rose 24%; Marathon Digital rose 23%; CleanSpark rose 22%, once trading resumed; Coinbase rose 17%; MicroStrategy rose 16%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e7ea7d5814cb7d7c2d2a351308955a4\" title=\"\" tg-width=\"391\" tg-height=\"637\"/></p><p><a href=\"https://laohu8.com/S/CLSK\">CleanSpark, Inc.</a>, a company specializing in bitcoin mining and data center operations, last week clarified the recent trading halt of its stock and warrants on the Nasdaq. The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company&#39;s business or financials.</p><p style=\"text-align: start;\">The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark&#39;s acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.</p><p>As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark&#39;s common stock at an exercise price of $165.24 per full share.</p><p style=\"text-align: start;\"></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"MARA Holdings","MSTR":"MicroStrategy","BTBT":"Bit Digital, Inc.","RIOT":"Riot Platforms","CLSK":"CleanSpark, Inc.","COIN":"Coinbase Global, Inc.","BITF":"Bitfarms Ltd."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189051189","content_text":"Coinbase stock and shares of other crypto-related companies rose on Monday as Bitcoin reached a fresh all-time high of $84,000, last at $83,987.Canaan rose 36%; Bit Digital rose 24%; Marathon Digital rose 23%; CleanSpark rose 22%, once trading resumed; Coinbase rose 17%; MicroStrategy rose 16%.CleanSpark, Inc., a company specializing in bitcoin mining and data center operations, last week clarified the recent trading halt of its stock and warrants on the Nasdaq. The halt, which occurred earlier, was due to a clerical error in the calculation of outstanding warrants and the number of shares they represent, rather than any underlying issues with the company's business or financials.The error originated from the conversion of warrants issued by GRIID Infrastructure, Inc., which became CleanSpark warrants following CleanSpark's acquisition of GRIID on October 30, 2024. The warrants were supposed to be adjusted to reflect the merger exchange ratio, but incorrect documentation, including the listing application filed with Nasdaq, led to the miscalculation.As a result of the error, the 13,800,000 outstanding warrants were inaccurately represented, when they should have been adjusted to purchase a total of 960,395 shares of CleanSpark's common stock at an exercise price of $165.24 per full share.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":18,"commentSize":2,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1189051189"}