Odaily News As one of the largest public Bitcoin mining companies in the United States, CleanSpark Inc. plans to launch an in-house trading department this year to maximize returns on its cryptocurrency holdings. “We really thought doing it ourselves was the best way to go, especially given the large amount of Bitcoin we hold,” CleanSpark CEO Zachary Bradford said in an interview. “Financially, it makes sense to do it yourself.” A large group of Bitcoin miners have taken advantage of cryptocurrency derivatives such as options to earn income from their token reserves. Marathon Digital Holdings Inc., which holds more than 14,000 unrestricted Bitcoins as of Nov. 30, has been generating revenue from selling Bitcoin call options contracts. A call option contract gives the buyer the right to purchase an underlying asset at a specific price within a specific time period. “What I think will happen is that miners like us will start setting up in-house trading desks,” Bradford said. That way, you can manage it based on your risk profile and expertise, and keep an eye on it. (Bloomberg)