CleanSpark (CLSK)
Operates U.S. bitcoin mines and develops leased data centers for advanced computing.
Something off on this page? Send us feedback.
Operates U.S. data centers that earn bitcoin by supplying computing power to a mining pool, while retaining or monetizing part of production through treasury strategies. A signed infrastructure lease extends its power-and-land platform into AI and high-performance computing, but current reported revenue still comes from bitcoin mining.
Develops and operates power-intensive data centers across the United States. Bitcoin mining remains the sole reportable segment and current revenue source: company-operated ASIC fleets supply hash calculations to a third-party pool, earning bitcoin rewards and transaction fees. Some production is sold; the rest may be retained, pledged, or used in treasury derivatives.
Extends its land, power-procurement, and facility-development platform into AI and high-performance computing. A long-term infrastructure lease at the Sandersville, Georgia, campus is the first contracted project, while Texas sites are under exclusivity with the same tenant; both remain in development. Mining depends on bitcoin prices, network difficulty, and electricity economics. The leased-data-center pipeline depends on construction, financing, utility capacity, and a single confidential tenant.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 15, 2026 | Cantor Fitzgerald | Reiterate | Rating: —Target: $14 | Target: $26 |
| Jun 24, 2026 | Citigroup | Initiate | Rating: — | |
| May 4, 2026 | Needham | Reiterate | Rating: —Target: $19 | Target: $18 |
| Apr 9, 2026 | Cantor Fitzgerald | Reiterate | Rating: —Target: $17 | Target: $14 |
| Feb 6, 2026 | Macquarie | Reiterate | Rating: —Target: $27 | Target: $18 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $794.7M · Total debt $1.78B · Total assets $2.70B · Shareholders' equity $761.3M
- Revenue
- $138.0M
- Operating income
- −$111.7M
- Net income
- −$239.8M
No dividends on record.
| Institutions | 91.42% | 234.79M shares | |
|---|---|---|---|
| 466 holders · as of Jun 30, 2026 | |||
| Insiders | 2.56% | 6.56M shares | |
| 9 holders · as of Sep 10, 2026 | |||
| Other | 6.02% | 15.46M shares | |
| remainder | |||
256.82M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 16.48% | 42.33M | as of Jun 30, 2026 |
Bank of Nova ScotiaInstitution | 5.76% | 14.79M | filed Jul 15, 2026 |
D. E. Shaw & Co., L.P.Institution | 5.01% | 12.86M | filed Jul 17, 2026 |
Situational Awareness LPInstitution | 4.78% | 12.28M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.46% | 11.46M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Taylor Monnig | officer: CTO, COO | −25,249 | $13.34 |
| Sep 4, 2026 | Taylor Monnig | officer: CTO, COO | −4,513 | $12.61 |
| Aug 14, 2026 | Taylor Monnig | officer: CTO, COO | −54 | $11.51 |
| Dec 23, 2025 | Thomas Leigh Wood | director | −85,315 | $11.69 |
| Dec 4, 2025 | Amanda Cavaleri | director | −33,000 | $15.02 |
- MARA
Largest US-listed BTC miner by hashrate; dual-track AI/HPC pivot.
- Riot Platforms
Large-scale US Bitcoin miner and emerging AI data center developer in Texas.
- Core Scientific
Pivoting ex-miner now operating ~1.2 GW of US data centers for AI colocation.
- IREN
Renewable-power data center operator pivoting from Bitcoin mining to AI cloud.
- Applied Digital
Pure-play AI data center developer leasing large-scale campuses to hyperscalers.
- Hut 8
Canadian infra platform; BTC mining via American Bitcoin JV; $7B AI pivot.
- TeraWulf
BTC miner pivoting Lake Mariner (NY) to HPC; $12.8B in contracted leases.
- Cipher Digital
Former Bitcoin miner pivoting hard to HPC via $3.73B debt-funded data centers.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CleanSpark | $14.67 | −0.61% | $3.79B | — | — | 5.6 | −30.5% |
| MARA | $13.37 | +0.68% | $5.06B | — | — | 6.3 | −26.7% |
| Riot Platforms | $24.49 | +1.28% | $9.14B | — | — | 13.6 | +13.9% |
| Core Scientific | $18.57 | +1.12% | $5.90B | — | 807.4 | 13.4 | +108.8% |
| IREN | $48.29 | +2.24% | $16.85B | — | — | 23.8 | −26.8% |
| Applied Digital | $28.85 | +2.32% | $8.12B | — | — | 14.1 | +580.7% |
| Hut 8 | $106.81 | +3.28% | $11.64B | — | — | — | +81.4% |
| TeraWulf | $17.62 | +0.97% | $8.65B | — | — | 52.3 | −6.0% |
| Cipher Digital | $19.01 | +0.58% | $7.73B | — | — | 40.5 | −43.0% |
| Median | — | 807.4 | 14.1 | +3.9% |