Why CleanSpark, Inc. (CLSK) Went Down On Wednesday

From Yahoo Finance: 2025-05-29 05:47:00

CleanSpark, Inc. (CLSK) saw shares drop 7.61% to $9.11 due to Bitcoin price decline. Bitcoin fell 1.43% to $107,000, impacting CLSK and other mining stocks like Riot Platforms Inc. and MARA Holdings Inc. CLSK swung to a $138.8 million net loss in Q2 but saw revenues rise 62% to $181.7 million.

Last month, CLSK mined 633 Bitcoins and sold 401.39, holding 12,101 total. Despite potential, CLSK ranks 10th worst-performing stock. Consider AI stocks with higher returns and less downside risk. For promising AI stock with 10,000x upside potential, check out our report.

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