CleanSpark (CLSK) Loses 13% in a Month: Should You Buy the Dip?
CLSKCleanSpark(CLSK) ZACKS·2024-07-12 22:36

CleanSpark (CLSK) shares have declined 13.3% in the past month. The Bitcoin miner has been suffering from the inherent volatility in the Bitcoin price, which is more than 21% off its record high of above $73,750 set in March. The decline in the Bitcoin price has been attributed to supply overhang resulting from the offloading of Bitcoins, which was ceased during an investigation, by the Saxony state in Germany. Bankrupt exchange Mt. Gox’s announcement to repay crypto (140,000 Bitcoin) to its creditors has a ...