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Barchart
Sristi Suman Jayaswal

JPMorgan Just Upgraded CleanSpark Stock. Should You Buy Shares Here?

The broader market has been moving with a restless kind of energy lately, shifting from the usual mega-cap tech darlings toward those powering the next wave of computing. Everywhere we look, long-duration cloud and colocation deals are piling up, hinting that the real action is not solely in artificial intelligence (AI) models. But is in the infrastructure that keeps them alive, and that’s where the story suddenly tilts toward CleanSpark (CLSK).

Once seen primarily as a high-efficiency Bitcoin (BTCUSD) miner, CleanSpark is now steering itself into a much bigger lane. The company is freeing up premium, power-rich sites near major metros for high-performance computing while shifting its mining operations to more remote, cost-friendly regions. With the industry locking in major, multi-year HPC commitments, its transition toward becoming a full-blown data center operator feels far more strategic than speculative.

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