


CleanSpark (CLSK) has been halted since November 7 and resumed trading at 10:15 AM on November 11. The stock saw a significant increase of 23% after resuming trading. A substantial portion of CleanSpark's float, 20%, is used for short positions, which could lead to a short squeeze as Bitcoin's price has recently cleared $80,000 and is in price discovery. Market observers suggest that the shorts in CleanSpark could face significant losses as the stock is expected to rise further, potentially seeing a minimum increase of 15-20% in a day. Additionally, CleanSpark was halted all day Friday.
$CLSK | CleanSpark up +23% after resume trading. https://t.co/nIOZkOoqEp
CleanSpark $CLSK resumes trading at 10:15 get ready Idk why anyone is worried. I’d be more worried about the open $CLSK shorts about to get WREKT who have been unable to buy to close positions Bitcoin is going higher so they’re going to be deep underwater Minimum +15-20% day
$CLSK halted since 11/7