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flag CleanSpark stock jumped 13.9% on JPMorgan’s upgrade, citing strong data center deal momentum and new capacity.

flag 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. flag 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. flag 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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