“It just makes financial sense to do it in-house,” said CleanSpark’s CEO Zach Bradford.
United States-based Bitcoin miner CleanSpark Inc. reportedly plans to set up an in-house trading desk sometime in 2024 to maximize returns from its Bitcoin (BTC) holdings.
According to a Jan. 2 report from Bloomberg, the firm’s CEO Zachary Bradford said the move would make use the the “large Bitcoin” balance the company has.
“We really think that doing it ourselves is the best way, especially with the large Bitcoin balance we have,” Bradford told Bloomberg. “It just makes financial sense to do it in-house.”
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Source: https://cointelegraph.com/news/bitcoin-miner-cleanspark-launch-in-house-trading-desk-report