Coolpad Group Executes Strategic Disposal of CLSK Shares
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Coolpad Group Limited has sold 305,000 shares of CLSK, a bitcoin mining company, for approximately US$4.95 million as part of its strategic Disposal Mandate. This transaction is part of the company's efforts to manage its investment portfolio, allowing for the sale of up to 1,625,000 CLSK shares. The current analyst rating for Coolpad Group (HK:2369) is a Hold with a price target of HK$1.50, and the stock has seen a year-to-date price performance decline of 47.48%.
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