BBX: Schwab launches spot crypto platform, CleanSpark produces 658 BTC in March
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BBX News: Yesterday, Charles Schwab officially announced Schwab Crypto™, opening its $12.2 trillion client asset system to spot trading in Bitcoin and Ethereum; CleanSpark's monthly operations report revealed a production of 658 BTC with a peak hash rate of 50 EH/s, showcasing the current Q1 operational profile of the largest pure Bitcoin mining company in the US. Key points: —Charles Schwab (NYSE: SCHW): Schwab Crypto™ officially launched, to be rolled out in phases over the next few weeks. Schwab currently manages approximately $12.2 trillion in client assets and has about 39 million active brokerage accounts. Its clients already hold about 20% of the US spot crypto ETP market assets. —CleanSpark (NASDAQ: CLSK): In March, 658 BTC were produced, with 13,561 BTC held and a peak hash rate of 50 EH/s. CEO Matt Schultz said the company is actively pursuing its first large-scale AI and HPC client contract, with AI infrastructure expansion continuing as a high gross margin growth direction. Source: bbx.com
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