--- title: "Coolpad Group Executes Strategic Disposal of CLSK Shares" description: "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 " type: "news" locale: "en" url: "https://longbridge.com/en/news/259980008.md" published_at: "2025-10-05T11:07:17.000Z" --- # Coolpad Group Executes Strategic Disposal of CLSK Shares > 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%. An announcement from Coolpad Group ( (HK:2369) ) is now available. Coolpad Group Limited, through its wholly-owned subsidiary Digital Tech, has executed a discloseable transaction by selling 305,000 shares of CLSK, a bitcoin mining company, on the open market. The sale, which generated approximately US$4.95 million, represents a strategic move under the company’s Disposal Mandate, allowing for the sale of up to 1,625,000 CLSK shares, and reflects the company’s ongoing efforts to manage its investment portfolio. The most recent analyst rating on (HK:2369) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Coolpad Group stock, see the HK:2369 Stock Forecast page. **More about Coolpad Group** **YTD Price Performance:** -47.48% **Average Trading Volume:** 2,020,999 **Technical Sentiment Signal:** Sell **Current Market Cap:** HK$483M ### Related Stocks - [02991.HK - CMON](https://longbridge.com/en/quote/02991.HK.md) - [02369.HK - COOLPAD GROUP](https://longbridge.com/en/quote/02369.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Coolpad Group Renews Key Management Agreements with Shenzhen Kingkey | Coolpad Group Renews Key Management Agreements with Shenzhen Kingkey | [Link](https://longbridge.com/en/news/269377024.md) | | Coolpad Group to Enhance Shareholder Value with New Share Repurchase Plan | Coolpad Group Limited (HK:2369) has announced a new share repurchase plan to enhance shareholder value and promote susta | [Link](https://longbridge.com/en/news/261466614.md) | | 14:00 ETWebsite Sessions Increased by 648% Following Strategic Web Design and UX Redesign Initiative | Digital Silk's case study reveals a 648% increase in website sessions for AutogenAI following a strategic redesign. The | [Link](https://longbridge.com/en/news/275797442.md) | | 06:31 ETQblox Announces Strategic Expansion of Executive Leadership Team | Qblox, a leader in quantum stack technology, has announced key additions to its executive leadership team to support glo | [Link](https://longbridge.com/en/news/275448954.md) | | 13:41 ETSportsology Capital Partners Makes Strategic Minority Investment in the Texas Rangers | Sportsology Capital Partners (SCP) has made a strategic minority investment in the Texas Rangers, marking its first inve | [Link](https://longbridge.com/en/news/275500341.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.