CleanSpark is trading 4.4% up today at $12.95 as investors respond to its June operational update and seek value following a sharp post-earnings selloff.
- The company reported production of 614 bitcoin in June, bringing its total holdings to 13,924 bitcoin as of June 30.
- Market sentiment is bolstered by views that shares are undervalued relative to a fair value near $21, fueling bottom-fishing interest despite a recent earnings miss.