Clean Energy Technologies In

CleanSpark shares jumped 7.4% on Wednesday after the company appointed a new senior finance executive, with Wall Street viewing its power assets as a play on AI infrastructure.

CleanSpark shares rose 1.7% to $14.94 pre-market after Bernstein rated the stock Outperform with a $24 target, highlighting the value of bitcoin miners' power capacity for AI data centers.

CleanSpark shares rose 9.3% after Bernstein noted bitcoin miners' potential as AI data-center power providers, setting a $24 target and citing $90B in sector AI deals.

DTE Energy seeks 1 GW of renewable capacity in Michigan, with projects required to begin operations by end of 2029, aligning with state clean energy goals.

CleanSpark posted a $378.3 million net loss in fiscal Q2, driven by a $224.1 million bitcoin fair-value loss and a 24.9% revenue decline to $136.4 million. Its AI/HPC pivot has yet to generate revenue.

CleanSpark's stock advanced alongside a bitcoin rally above $71,000, while the company continues to execute its strategic pivot toward data center infrastructure in Texas.

Shares of Ultra Clean Holdings surged nearly 10% Tuesday morning following reports the U.S. may exclude certain AI data-center chips from new tariffs. The stock reached $56.77 before moderating.

CleanSpark shares surged 22% to $10.08 following quarterly results showing $181.2 million in revenue and 573 bitcoin mined in January. The company highlighted its growing bitcoin holdings and expansion into AI data centers.