CleanSpark, Inc. (NASDAQ:CLSK) saw a 15.07% drop on Monday, closing at $11.91 per share due to falling Bitcoin prices and concerns over the AI industry. The company, along with other AI stocks like Terawulf, Hut 8, and Cipher Mining, suffered as Bitcoin dipped below $90,000 ahead of Christmas.

Investor worries about the AI bubble grew with Oracle Corp. borrowing $108 billion for AI investments, raising concerns about profitability. CleanSpark reported producing 587 Bitcoins in November, down 4% from October, with daily production averaging at 19.54, 1% lower than the month prior.

Despite potential in CleanSpark (CLSK) as an investment, some AI stocks may offer better returns with limited downside risk. For those seeking an inexpensive AI stock benefiting from Trump tariffs and onshoring, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: CleanSpark (CLSK) Slashes 15% on Bitcoin Fall