Cleanspark’s Turbulent Rebound: Why Traders Are Piling In

Cleanspark ( (CLSK) ) has risen by 7.74%. Read on to learn why.

Cleanspark’s stock added 7.74% over the past week, clawing back part of its recent losses after a stretch of wild, options‑driven trading. The Bitcoin mining and data‑center operator has seen sharp intraday moves, including double‑digit swings, as traders react to volatile cryptocurrency prices and a challenging competitive backdrop. Even so, the share price rebound shows investors are still willing to buy into the name on dips, helped by a solid year‑to‑date gain and lingering optimism about the company’s longer‑term growth story.

A key driver behind Cleanspark’s latest move has been heavy activity in options tied both to the stock and the leveraged Tradr 2X Long CLSK Daily ETF. Call buying has at times overwhelmed put demand, pushing the put/call ratio to very low levels and sending implied volatility sharply higher, especially in near‑term contracts. This pattern signals that many traders are positioning for bigger short‑term upside moves ahead of upcoming earnings, even as others continue to pay up for downside protection when the stock wobbles.

This push‑and‑pull has left Cleanspark with a technical “Sell” signal despite the weekly advance, highlighting the tension between short‑term caution and longer‑term confidence. Quantitative research suggests a wide range of potential outcomes, with the stock historically capable of both sharp rallies and sudden pullbacks, making it a favorite for structured options strategies rather than simple buy‑and‑hold trades. Wall Street analysts, however, remain broadly positive, with a Strong Buy stance and price targets above current levels, framing this week’s 7.74% rise as just one chapter in an ongoing high‑risk, high‑reward story around Cleanspark.