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JPMorgan: Downgrades Bitcoin mining company CleanSpark's stock rating to Neutral

ChainCatcher news, JPMorgan has downgraded the rating of the U.S. Bitcoin mining company CleanSpark Inc. (NASDAQ: CLSK) from “Overweight” to “Neutral,” while also reducing its target price from $15 to $14 due to valuation concerns. According to reports, CleanSpark mined 657 BTC in August, with a Bitcoin holding of 12,827 coins. Data shows that this month, CLSK's price increase exceeded 60% at one point, currently priced at 12.96 USD, with a total market capitalization of 3.643 billion USD. Revenue for Q3 2025 is 198.6 million USD, slightly below expectations.

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GateUser-876cebd8vip
· 09-29 00:30
бычка
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GateUser-32f7b6d8vip
· 09-28 13:07
Bull Run 🐂
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Cryptofather07vip
· 09-28 10:31
hi i am parosh i am from Bangladesh and au name
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GateUser-4a74c58avip
· 09-28 09:54
can you explain this to me
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