what's cleanspark, inc.?
CleanSpark, Inc. is a leading Bitcoin mining company that operates data centers powered by low-carbon energy sources. The company focuses on sustainable mining practices, leveraging renewable energy to support its operations while contributing to the Bitcoin network's security through proof-of-work mining. CleanSpark emphasizes efficiency in its mining fleet, regularly upgrading to more advanced ASIC miners to optimize performance and reduce energy consumption per hash. Founded with a background in energy management, CleanSpark has expanded its infrastructure across multiple U.S. sites, securing power contracts and building large-scale facilities to increase its hashrate capacity. The company holds significant Bitcoin in its treasury and reinvests in community initiatives, positioning itself as a key player in the responsible growth of cryptocurrency mining. CleanSpark is publicly traded on Nasdaq under the ticker CLSK, allowing it to fund expansions through capital markets while maintaining transparency in its operations and environmental impact.
CleanSpark disclosed a $45M CEO transition compensation package, 6% of 2025 revenue.
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x.com/cleanspark_incAlpine Fox LP increased its position in CleanSpark, Inc. according to new SEC filings.
Holds 13,011 BTC (~$0.90B) on balance sheet as of February 2026.
Filed DEF 14A on 2026-01-23 disclosing CEO transition compensation package of approximately $45M for 2025, representing about 6% of total revenue.
Stock loses more than 10% alongside other mining companies during U.S. trading hours as Bitcoin plunges below $86,000.
Mined 587 BTC in November, holds 13,054 BTC total, and mined 7,746 BTC during 2025.
Company reports operational expenses of $43k per BTC, achieves 99.2% uptime at Wyoming facilities, and targets 37 EH/s hash rate by year end.
MSCI flags CleanSpark for potential removal from major JPMorgan-endorsed indexes alongside 37 other firms holding over 50% digital assets, decision date January 15th, 2026.
Stock trades up over 10% as earnings beat expectations, with high short interest noted amid ongoing debate around the AI/HPC data center pivot from Bitcoin mining.
Stock trades up over 6% and trends #1 on Stocktwits despite earnings missing estimates, creating high volatility and mixed trader sentiment around the AI pivot.
Reports record revenue for fiscal year 2025 as the company transitions operations toward AI.
JPMorgan assigns $14 price target on CleanSpark with overweight rating, and reduces targets on MARA Holdings to $13 and Riot Platforms to $17.
JPMorgan upgrades to overweight rating and raises valuation estimates for data center capacity to $19M per MW from $12M previously, while increasing colocation capacity valuations to $8M-$17M from $4M-$9M.
Company completes buyback of over 10% of its outstanding shares following the $1.15B convertible notes raise.
Completes upsized $1.15 billion convertible notes offering to support expansion.
Announces $1.15B senior convertible note offering to fund Bitcoin mining operations and AI data center infrastructure expansion.
Announces $1 billion zero-coupon convertible bond offering due 2032 with 30% conversion premium at $19-20 per share, allocating $400M for stock buybacks and remaining funds for power and land expansion, with stock declining 8% in after-hours trading.
CleanSpark ranks among seven major Bitcoin mining firms now profiting from AI/HPC operations, with AI hosting revenue exceeding traditional mining by generating 50% higher annual income per MW.
Georgia voters flip two Public Service Commission seats creating a new 3-2 majority that may revisit power rate structures and expand large-load tariff rules, with 60% of mining capacity operating in Georgia across multiple sub-100 MW sites.
Core Scientific shareholders reject CleanSpark acquisition proposal due to insufficient valuation.
Completes cash and stock acquisition of 271 acres in Texas with 285MW long-term power agreements for next-generation AI/HPC data center campus, with 200MW energization scheduled for 1H2027 and substation construction already underway.
Controls 1.8 GW power under contract across six states: GA, TN, MS, WY, TX, SD. Collaborates with Submer to develop AI data center campuses, leveraging its 1 GW portfolio.
Stock sees 5-10% price bounce as Bitcoin mining sector recovers, ranking 4th among major miners when combining social mentions with 24-hour price performance.
Stock declines -20.6% as Bitcoin mining sector selloff extends, ranking as third-worst performer among major mining stocks after Bitfarms (-27.1%) and Hut 8 (-25.2%).
Trader with 80,000 followers recommends rotating out of CleanSpark into competitor MARA, stating the 2023 CLSK trade is "over."
JonesResearch reiterates hold rating on CLSK while issuing buy ratings to competitors HUT, WULF, and RIOT.
Announces bitcoin-to-AI business pivot with appointment of Humain executive to lead data center expansion.
Stock declines -15.22% today in sector-wide Bitcoin mining selloff following recent strength.
Reaches 52-week price high.
Acquires another 184 BTC worth $22.2 million in latest treasury purchase.
Positioned as #3 among top Bitcoin miners expected to benefit from Trump administration policies and BTC policy adoption, with potential transformation from Bitcoin beta equity into national security infrastructure.
CLSK is now available for 24/7 leveraged trading on Vest Markets with up to 10x leverage and zero fees.
Expands Bitcoin-backed credit facility with Coinbase by $100M to fund mining growth, energy assets, and HPC buildout.
Treasury strategy now targets $1.5B in Bitcoin holdings, up from previous $1B+ milestone, while mining operations achieve $40K cost per Bitcoin.
Strategic expansion includes 0.5 GW HPC allocation within 1.5+ GW mid-2026 target, funded by 59% stock dilution.
Currently valued at $2.83B market cap, positioning as 5th largest public Bitcoin miner.
Q3 2025 revenue surges 91% YoY to $198.6M while BTC treasury exceeds $1B milestone.
Power supply surpasses 1 gigawatt milestone while treasury grows to 12,703 BTC, with strategic sale of 575.97 BTC generating $64.71M for operations.
JPMorgan names pure-play Bitcoin miners as preferred picks, designating CLSK as top choice in sector rotation.
Achieves record 685 BTC monthly production in June with 50 EH/s operational capacity and 16.15 J/Th efficiency.
Unusual volume activity detected across mining sector with potential for significant price movement.
Drops to 6th place in corporate Bitcoin holdings after being surpassed by Metaplanet's 13,350 BTC position.
Mining stocks show unprecedented underperformance in current cycle, creating potential squeeze opportunity for traditional finance players regardless of fundamentals.
Currently holds 12,101 BTC, ranking as 5th largest public company Bitcoin holder.
Holds 4.22% position in Bitwise Crypto ETF ($BITQ) which surpassed $200M in AUM.
Q1 shows revenue growth but continued financial losses despite higher top-line performance
Mining production reaches 633 BTC, ranking 3rd among major miners behind MARA (705) and IREN (579).
Supply zones in mining stocks indicate smart money distribution phase and serve as leading indicators for potential Bitcoin market tops.
Preliminary approval received for new Bitcoin mining facility in Mountain City, TN, with plans for updated mining technology.
Bitcoin treasury holders lead social media mentions with 3x higher engagement compared to tech stocks.
Gains market share in Bitcoin mining production alongside MARA, RIOT, and IREN since July.
$200M credit facility expansion and launch of Bitcoin treasury desk, with shift from HODL strategy to using BTC for operations.
Stock experiences 10%+ decline alongside other major mining stocks amid broader market selloff.
Mining production reaches 706 BTC in March 2025, ranking second among public miners.
Monthly Bitcoin production reaches 706 BTC, ranking second among major miners.
US Bitcoin miner now holds over 10K Bitcoin mined domestically, representing 236% YoY increase in treasury.