Monnig, CleanSpark CTO, COO, sells $581k in CLSK stock

Published 10/09/2025, 03:16
Monnig, CleanSpark CTO, COO, sells $581k in CLSK stock

Taylor Monnig, Chief Technology Officer and Chief Operating Officer of Cleanspark, Inc. (NASDAQ:CLSK), sold 63,713 shares of the company’s common stock on September 9, 2025. The sales were executed at a weighted average price of $9.12, ranging from $9.1200 to $9.1250, for a total transaction value of $581,062. According to InvestingPro data, the stock currently trades at $9.67, slightly above the insider sale price, with the company showing a market capitalization of $2.7 billion.

On the same day, Monnig also disposed of 35,513 shares to cover tax obligations at a weighted average price of $9.3508, ranging from $9.1501 to $9.6540, totaling $332,074. Additionally, Monnig acquired 90,250 shares of common stock with a value of $0 at a price of $0.0. InvestingPro analysis indicates the company maintains a "GOOD" overall financial health score, with analysts setting price targets between $15 and $25.

Following these transactions, Monnig directly owns 120,337 shares of Cleanspark. For comprehensive insights into CLSK’s valuation and growth prospects, including 8 additional ProTips and detailed financial metrics, visit InvestingPro.

In other recent news, CleanSpark , Inc. reported the mining of 657 bitcoin in August, increasing its average hashrate by 1.4 EH/s from the previous month. The company now holds 12,827 BTC, with 3,026 of those used as collateral. Additionally, CleanSpark announced a leadership realignment, appointing Matt Schultz as CEO after Zachary Bradford’s resignation. Schultz, a co-founder and Executive Chairman, will lead the company while reaffirming its strategic plans. CleanSpark also promoted Gary A. Vecchiarelli to President and Scott Garrison to Chief Development Officer. Meanwhile, Thumzup Media Corporation revealed a strategic pivot towards Dogecoin mining, planning to acquire DogeHash Technologies, which currently operates 2,500 mining rigs. This acquisition is pending shareholder approval. These developments reflect ongoing strategic shifts within both companies.

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