Public Bitcoin miners underperform BTC and other proxies year-to-date

Bitcoin mining stock CleanSpark (CLSK) has gained 18% year-to-date, falling short of Bitcoin’s 121% rise over the same period. Analyst Caleb Franzen of Cubic Analytics highlights this discrepancy, questioning the effectiveness of investing in mining stocks for higher exposure to Bitcoin’s performance. Franzen points out that CLSK has underperformed Bitcoin and lagged behind its peers. […] The... source: https://cryptoslate.com/insights/public-bitcoin-miners-underperform-btc-and-other-proxies-year-to-date/