CleanSpark (CLSK) Stock Skyrockets on Bitcoin’s Record Rally and $200M Credit Boost
CleanSpark shares have surged 118% in 2025, closing at $20.09 on Oct. 9 with a market cap near $5.5 billion. The company reported a 13,011 BTC treasury and 50 EH/s mining capacity after securing $200 million in new bitcoin-backed credit lines. About two-thirds of revenue now comes from Bitcoin mining, with the rest from legacy energy solutions. Nine of ten analysts rate the stock a Buy or Outperform.