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May 20, 2026 4:00 PM

CleanSpark Stock Pulls In Bigger Bet From Situational Awareness Hedge Fund

Leopold Aschenbrenner's Situational Awareness hedge fund significantly boosted its CleanSpark Inc. (NASDAQ:CLSK) position in the first quarter as the Bitcoin (CRYPTO: BTC) miner pushes deeper into AI infrastructure.

The fund's latest 13F, filed May 18 for the quarter ended March 31, shows Situational Awareness held 12.28 million CleanSpark shares, up from 1.64 million shares at the end of 2025, a 7.48-fold increase. 

CLSK stock is up on heavy volume. See the price action here. 

The position's reported value rose to $104.5 million from $16.6 million, while its portfolio weight increased to 0.76% from 0.30% of the fund's reported book. 

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Other miner and neocloud-related holdings moved the other way as a percentage of the fund's book. 

Applied Digital Corp. (NASDAQ:APLD), IREN Limited (NASDAQ:IREN), Riot Platforms, Inc. (NASDAQ:RIOT), Core Scientific, Inc. (NASDAQ:CORZ) and CoreWeave, Inc. (NASDAQ:CRWV) all declined as portfolio weights, while ...