- Institutional ownership in CleanSpark has steadily risen since 2020.
- The company’s share price surged as institutional support increased.
- CleanSpark’s growth is tied to growing investor confidence and stock value.
The chart above, which highlights institutional ownership of CleanSpark, Inc. (CLSK) over time, provides valuable insights into the shift in institutional investor behavior regarding the company’s stock. Analyst Cantonese Cat shared it on Twitter and included a source citation from Fintel.io.
Increase in institutional ownership for $CLSK based on 13Fs filed for February 2025 pic.twitter.com/IL0WQZwZyT
— Cantonese Cat 🐱🐈 (@cantonmeow) February 5, 2025
Institutional Ownership Growth
The chart displays CleanSpark’s institutional ownership (measured in shares x1000) over a period spanning from December 2019 to December 2024. There is a clear upward trend in institutional ownership starting in late 2020 and accelerating into 2024. Institutional investors began to significantly increase their holdings starting in the latter half of 2020, with the most significant rise visible from mid-2023 through 2024.
The substantial increase in institutional ownership aligns with a marked rise in the share price, which also climbed sharply during the same period. By mid-2023, there was a notable peak in both share ownership and price. This trend indicates growing confidence from institutional investors in the potential of CleanSpark as an investment.
Share Price vs. Institutional Ownership
Notably, while institutional ownership has consistently risen, there have been periods where the share price fluctuated, especially from late 2021 to early 2023. Despite these fluctuations, the overall trajectory of institutional investment remains positive, showing that these investors are holding steady with CleanSpark. As of February 2025, CleanSpark’s institutional ownership reached new heights, with share ownership surpassing the 130,000 mark (shares x1000).
The chart also presents an interesting juxtaposition of ownership with share price movements. As more institutional investors added CleanSpark to their portfolios, the company experienced price surges, particularly in the period between 2023 and 2024. This increase in institutional involvement may reflect confidence in CleanSpark’s market position and future growth potential, particularly as it continues to expand its operations within the energy and blockchain sectors.
Potential Market Trends and Analyst Predictions
Given the data, the market is seeing an increase in CleanSpark’s institutional support, suggesting that analysts, including Cantonese Cat, are closely monitoring the company’s trajectory.
The rise in institutional ownership reflects increasing optimism, especially in light of the upcoming reports and filings for February 2025. Cantonese Cat himself has remarked that the upward trend in institutional investments could indicate a bullish outlook, and this growing institutional backing may signal that CleanSpark could continue to thrive as a key player in its sector.
