CLSK - CleanSpark: A Buy Ahead Of The Halving

2024-04-04 09:36:12 ET

Summary

• Bitcoin miners are taking a breather due to the impending halving, which makes mining more difficult.
• CleanSpark is well-positioned among miners, with potential for short-term gains and long-term growth.
• The company has efficient growth strategies, a clean balance sheet, and a growing stash of Bitcoin, making it a potential long candidate.

The rally in Bitcoin continues to take crypto-related stocks with it to the proverbial moon, but of late, miners of the OG alt-currency have taken a breather. That decoupling from Bitcoin is due to the impending halving, which should take place in the coming days. For a primer on the halving, see here ....

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