CleanSpark, Inc. (CLSK) saw its stock price soar 5.06% during Tuesday's intraday trading session, following positive analyst coverage that highlighted the company's strategic position in the burgeoning artificial intelligence infrastructure sector.

The movement appears to be driven by a research report from Bernstein, which identified Bitcoin miners like CleanSpark as "surprise winners in the AI infrastructure boom." The report argues that AI's surging demand for power-hungry data centers is turning listed Bitcoin miners into strategic infrastructure plays, with miners controlling critical power capacity in a constrained U.S. power grid.

Bernstein specifically named CleanSpark as a top beneficiary, assigning the company an "outperform" rating with a $24 price target representing approximately 78% upside from recent trading levels. The brokerage noted that Bitcoin miners with active AI contracts trade at around double the valuation multiples of pure-play Bitcoin miners without AI exposure, reflecting the market's growing appreciation for their power infrastructure assets.