BTIG Reiterates Buy Rating on CleanSpark (NASDAQ:CLSK) with $22 Price Target

Reported about 6 hours ago

BTIG has maintained a Buy rating on CleanSpark (NASDAQ:CLSK) and set a price target of $22. Analyst Gregory Lewis noted the company's significant growth, making it the second largest US-listed bitcoin miner by hash capacity, with a 350% increase since late 2023. CleanSpark holds approximately 12,500 bitcoins, the third highest among miners, as it continues to expand its market share. While BTIG sees potential in CleanSpark, they also suggest some AI stocks may offer better upside.

Source: YAHOO

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