{"id":248,"date":"2024-09-25T22:15:59","date_gmt":"2024-09-25T22:15:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=248"},"modified":"2024-09-25T22:15:59","modified_gmt":"2024-09-25T22:15:59","slug":"bitcoin-mining-stocks-strong-organic-growth-make-it-a-must-own-says-bullish-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=248","title":{"rendered":"Bitcoin Mining Stock&#8217;s &#8216;Strong Organic Growth&#8217; Make It A &#8216;Must-Own,&#8217; Says Bullish Analyst"},"content":{"rendered":"<div>\n<p>Shares of<strong> CleanSpark Inc <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CLSK#NASDAQ\">CLSK<\/a>) climbed last week as <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) prices rose, following the Federal Reserve&#8217;s first interest <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40944577\/whats-going-on-with-bitcoin-miner-cleansparks-stock\">rate cut in four years.<\/a><\/p>\n<p>The company has grown faster than its peers over the past couple of years to become the second-largest public miner by deployed capacity, according to HC Wainwright.<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst\/61d4371c30778300016abc55\/mike-colonnese\">Analyst Mike Colonnese<\/a> reiterated a Buy rating and price target of $27.<\/p>\n<p><strong>The <\/strong><strong>CleanSpark <\/strong><strong>Thesis: <\/strong>A call with management showcased why the company is a &#8220;must-own mining stock&#8221; heading into the next stage of Bitcoin&#8217;s price cycle, Colonnese said in a note.<\/p>\n<p>Check out <a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\">other analyst stock ratings<\/a>.<\/p>\n<p>The &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/41029985\/bitcoin-mining-stocks-strong-organic-growth-make-it-a-must-own-says-bullish-analyst\" alt=\"Bitcoin\" mining stock organic growth make it a says bullish analyst>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of CleanSpark Inc (NASDAQ:CLSK) climbed last week as Bitcoin (CRYPTO: BTC) prices rose, following the Federal Reserve&#8217;s first interest rate cut in four years. The company has grown faster than its peers over the past couple of years to become the second-largest public miner by deployed capacity, according to HC Wainwright. Analyst Mike Colonnese [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-248","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=248"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/248\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}