Situational Awareness LP increased its CLSK holdings to 12.2 million shares, signaling strong confidence in the bitcoin miner’s AI infrastructure pivot.
Situational Awareness LP expanded its CleanSpark Inc. (NASDAQ:CLSK) position to 12.2 million shares in Q1 2026, a 650% increase from 1.6 million shares in the prior quarter. The move follows CleanSpark’s strategic shift toward digital infrastructure and data center development, highlighted by CEO Matthew Schultz during the latest earnings call.
CleanSpark reported 1.8 gigawatts of contracted capacity and added 25 megawatts to its Metro Atlanta site last month. The company has secured long-duration leases with high-quality tenants, addressing power constraints critical for AI-driven compute demand. The stake increase aligns with broader market interest in firms bridging bitcoin mining and AI infrastructure.
The filings reflect growing institutional attention as CleanSpark executes its transition, though market reaction details were not disclosed in the latest update.