Why CleanSpark Stock Popped Today

Shares of CleanSpark (NASDAQ: CLSK) have popped today, up by 11% as of 12:45 p.m. EDT, after the company announced a new development agreement with International Land Alliance (ILAL). CleanSpark will help power over 400 residential resort properties.

CleanSpark said that International Land Alliance will utilize its microgrid software to provide sustainable energy solutions to ILAL's portfolio of properties that will be constructed in Mexico over the next three years, including 252 off-grid cabins in the Valle Divino development in Ensenada, Baja, Mexico, as well as another 152 luxury villas in the company's Plaza Bajamar project.

Image source: Getty Images.

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Source Fool.com