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CleanSpark stock jumped 13.9% on JPMorgan’s upgrade, citing strong data center deal momentum and new capacity.
CleanSpark (CLSK) shares rose 13.9% to $11.08 on November 24, 2025, after JPMorgan upgraded the stock from Neutral to Overweight, citing strong momentum in high-performance computing deals as Bitcoin miners expand into data center operations.
The firm highlighted over $19 billion in contracted revenue from cloud and colocation agreements since late September and noted CleanSpark’s addition of 200 megawatts of IT capacity at its Texas site.
The stock, trading below its 50-day moving average but near its 200-day average, is in oversold territory with an RSI of 26.99, suggesting potential for further gains.
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Las acciones de CleanSpark saltaron un 13,9% en la actualización de JPMorgan, citando el fuerte impulso de los acuerdos de centros de datos y la nueva capacidad.