BTIG Reiterates Buy Rating on CleanSpark Inc. (CLSK)

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Go back to BTIG Reiterates Buy Rating on CleanSpark Inc. (CLSK)

H.C. Wainwright: 'we view this as a transformational moment for CleanSpark'

July 14, 2026 9:21 AM EDT

H.C. Wainwright analyst Mike Colonnese reiterated a Buy rating and $22.00 price target on CleanSpark Inc. (NASDAQ: CLSK).

The analyst comments "CleanSpark signs a transformational $6.6B HPC/AI contract at Sandersville. Shares of CLSK are surging this morning (+20.0% vs. a modest rise in the Nasdaq) after the company announced that it has signed a 20-year colocation contract with an undisclosed, investment-grade global technology tenant to deliver 175 MW of critical IT load at its Sandersville, Georgia, data center campus. The deal is expected to generate ~$6.6B in total revenue, or $330M in annualized... More