CleanSpark stock jumps more than 7% as Bitcoin rebounds toward $79,000

CleanSpark shares jumped more than 7% Friday as Bitcoin rebounded toward $79,000. Benzinga Pro data showed the shares up 8.77% at $13.03 at publication. Bitcoin swung nearly 4% in two hours as traders assessed hotter-than-expected August inflation data. Traders also considered the data's implications for a September interest-rate decision. Crypto-linked shares traded higher ahead of an upcoming Senate vote on the Clarity Act. Sen. Cynthia Lummis said the updated text reflected bipartisan work over August. CleanSpark's August 2026 operational update was released Sept. 8. CleanSpark said construction was progressing at its Sandersville data center campus. The campus is backed by $6.6 billion in contracted revenue. ERCOT conditionally classified 585 megawatts of contracted capacity for batch zero baseload designation. ERCOT classified 300 megawatts for batch zero studied load designation. CEO and Chairman Matt Schultz said CleanSpark remained committed to working with ERCOT and the Public Utility Commission of Texas. CleanSpark produced 593 Bitcoin in August. Its 2026 production reached 4,903 Bitcoin. CleanSpark ended August with 13,703 Bitcoin. The company had 13,931 Bitcoin at the end of July. CleanSpark reported an operational hashrate of 50 EH/s. Its average operating hashrate was 38.3 EH/s. Its deployed fleet totaled 201,269 miners. CleanSpark reported 1.8 gigawatts of contracted power capacity. The company reported 808 megawatts of utilized capacity. CleanSpark traded 11.4% above its 20-day simple moving average. The stock traded 6.2% above its 50-day simple moving average. CleanSpark remained 1.9% below its 100-day simple moving average. The MACD was above its signal line. The histogram was positive. The 20-day simple moving average remained below the 50-day simple moving average. The 50-day simple moving average remained above the 200-day simple moving average after a golden cross in June. CleanSpark previously formed a death cross in February. Key resistance was $15.50. Key support was $12.00. The Global X Blockchain ETF had a 5.43% weighting in CleanSpark. The VanEck Digital Transformation ETF had a 4.48% weighting. The Schwab Crypto Thematic ETF had a 5.18% weighting.