On July 30, CleanSpark, Inc. rose 9.97% in regular trading, trading at $14.385/share, with turnover of $132 million. The stock rebounded sharply following a decline earlier in the week when AI infrastructure concerns weighed on bitcoin miners.

On the news front, Chardan raised its price target on CleanSpark to $21 from $19 on July 28, maintaining a Buy rating. According to FactSet, the stock carries an average analyst rating of Buy with a mean price target of $23.11, implying significant upside from current levels. The upgrade follows CleanSpark's landmark $6.6 billion data center lease agreement signed on July 14 with a high investment-grade global technology company for its Sandersville, Georgia campus. The 20-year triple-net lease covers 175 megawatts of critical IT load, with deliveries expected to begin in Q4 2027 and extension options that could push total contracted revenue to approximately $11.6 billion.

The broader crypto mining sector showed notable strength, with peer IREN Ltd surging 24.84% on the same session, suggesting a sector-wide recovery in sentiment toward digital infrastructure names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)