🚀 CleanSpark (CLSK) Stock Surges on $120K Bitcoin Rally and $200M Crypto Credit Boost
CleanSpark shares rose 6.3% to $16.10 midday Oct. 3, with volume spiking to 13.7 million, far above the three-month average. The company announced two new $100 million bitcoin-backed credit lines this week, bringing total crypto-backed lending to $400 million. CleanSpark holds about 13,011 BTC and operates a 50 EH/s mining fleet. Analyst consensus rates the stock a moderate buy, with an average 12-month target of $20.36.