CleanSpark (CLSK) Loses 10% on Investor Pessimism

Group 1 - CleanSpark, Inc. (NASDAQ: CLSK) experienced a decline of 10.18% to close at $16.86 amid investor concerns over geopolitical tensions between the US and China [1][2] - The overall market sentiment weakened following President Trump's announcement of export curbs to China, affecting a wide range of goods [2] - CleanSpark's decline was in line with other companies in the sector, such as Cipher Mining, BitFarms, and Hut 8 Corp., as Bitcoin prices also fell [1] Group 2 - Despite the current challenges, CleanSpark announced progress in its diversification program with the appointment of Jeffrey Thomas as senior vice president for AI Data Centers [3][4] - Jeffrey Thomas brings over 40 years of experience in emerging technologies and data center infrastructure, which will support CleanSpark's expansion into AI servicing [4]