Cleanspark Inc News: A Look at Recent Developments

CleanSpark, Inc. (CLSK) has been making headlines lately with several key updates from reputable research firms and institutional investors. In a recent note, Cantor Fitzgerald boosted their price objective on shares of CleanSpark from $10.00 to $20.00, giving the stock an 'overweight' rating. Chardan Capital also lifted their target price on shares of CleanSpark from $13.00 to $26.00 and gave the company a 'buy' rating.

It's no surprise that institutional investors are taking notice of CleanSpark's growth potential. According to recent data, 43.12% of the stock is owned by hedge funds and other institutional investors. Several research firms have issued reports on CLSK, with some notable updates coming from Van ECK Associates Corp and Charles Schwab Investment Management Inc.

Van ECK Associates Corp now owns 1,200,176 shares of CleanSpark's stock valued at $4,573,000 after acquiring an additional 338,190 shares during the last quarter. The company also lifted its stake in CleanSpark by 39.2% in the third quarter. Charles Schwab Investment Management Inc. lifted its stake in CleanSpark by 273.3% in the third quarter and now owns 1,757,431 shares of the company's stock valued at $19,384,000.

Recent updates from institutional investors and research firms suggest that there is growing confidence in CleanSpark's future prospects. Whether you're a seasoned investor or just getting started with your investment journey, it's worth taking a closer look at the latest developments surrounding this exciting company.

Cleanspark inc news