On October 17, CleanSpark, Inc. fell 8.02% in Regular Trading, trading at $8.58 per share, with turnover of $86.3742 million.

The move coincided with the company’s latest monthly operating update showing weaker September bitcoin production and lower bitcoin holdings, which pressured expectations for mining output and asset accumulation.

CleanSpark, Inc. disclosed that it mined 529 bitcoins in September, down from 593 in August. Average daily production fell to 17.64 tokens from 19.12, while bitcoin holdings as of September 30 declined to 13,530 from 13,703 at the end of August. With crypto-related equities already under pressure recently, the softer operating figures appear to have added to downside sentiment in the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)