Cleanspark stock price has seen increased volatility this
Cleanspark stock price has seen increased volatility this week as Nasdaq-listed mining firms respond to shifts in cryptocurrency sentiment. The company’s hash rate growth is a key metric driving institutional interest. According to the investment firm, CleanSpark, Inc. (NASDAQ:CLSK) is currently fully priced after announcing expansion to 50 EH/s in June. It is currently the 7th largest Bitcoin mining firm in terms of market capitalization. Cleanspark’s profit margins lag behind most companies in the Trefis coverage universe. Cleanspark stock price pulled back slightly to $14.60, but the overall chart pattern still forms a bullish ascending channel. Energy-efficient mining technologies remain a competitive advantage for the company.
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