CleanSpark Stock Surges as Bitcoin Rebounds Towards $79,000

CleanSpark Inc.'s stock surged nearly 8% on Friday, following Bitcoin's rebound towards $79,000. This price increase lifted cryptocurrency mining stocks as traders digested hotter-than-expected August inflation data and its implications for a September interest-rate decision.

The company's recent operational update showed progress at its Sandersville data center campus, which has $6.6 billion in contracted revenue. CleanSpark produced 593 Bitcoin in August, bringing its 2026 production to 4,903 Bitcoin.

CleanSpark CEO and Chairman Matt Schultz expressed the company's commitment to working with ERCOT and the Public Utility Commission of Texas 'to serve the needs of Texans while also delivering for our shareholders and customers.'