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Is Crypto Cool Again? What Stocks You Should Be Watching
CLCOl pany .(CLCO) MarketBeat·2024-07-28 13:01

Add to Watchlist A stock's book value is derived from the company's balance sheet, a metric few investors take the time to dig into and analyze. To save time, investors should focus on the central holdings in CleanSpark's balance sheet, which is Bitcoin, and lots of it. As of the most recent data, CleanSpark holds up to 6,591 Bitcoin, which would translate into roughly $442.9 million, considering where Bitcoin is trading today. Markets today are willing to pay a price-to-book (P/B) ratio of up to 2.8x for C ...