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J.P. Morgan stays overweight CleanSpark, citing AI inference uses for Texas sites
Yahoo Finance· 2026-01-15 15:03
J.P. Morgan maintained an overweight rating on CleanSpark (NASDAQ: CLSK) on Wednesday following news of the bitcoin miner’s second land acquisition in Texas. The analyst note, authored by Reggie Smith and Charles Pearce, claimed CleanSpark has a distinct position compared to its peers expanding into AI, with the company controlling nearly 1 GW of power capacity within 100 miles of large cities. This footprint includes infrastructure near Houston and Atlanta. The analysts highlighted that CleanSpark note ...