Workflow
CleanSpark(CLSK)
icon
Search documents
CleanSpark Executives to Discuss Q1 2026 Financial Results Via Webcast
Prnewswire· 2026-01-30 21:30
LAS VEGAS, Jan. 30, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), will discuss its fiscal first quarter 2026 financial results via a live webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Thursday, February 5, 2026. Harry Sudock 702-989-7693 [email protected] Media Contact Eleni Stylianou 702-989-7694 [email protected] SOURCE CleanSpark, Inc. About CleanSpark CleanSpark (Nasdaq: CLSK), is a market-leading data center developer with a proven track record of success. ...
Why CleanSpark Plunged Nearly 10% Today
The Motley Fool· 2026-01-27 00:19
Core Viewpoint - The transition of CleanSpark from cryptocurrency mining to AI infrastructure is facing challenges, raising concerns about its business model and market position [1][4]. Company Overview - CleanSpark (CLSK) is a cryptocurrency miner that is now focusing on becoming an AI infrastructure provider, attracting investor attention as a potential indicator of the AI market's health [2]. - The company's current market capitalization stands at $3.5 billion, with a share price of $12.43, reflecting a decline of 9.34% on a recent trading day [3]. Market Dynamics - Despite recent declines, CleanSpark's share price has increased over the past year, although recent events, such as power outages in Tennessee due to a winter storm, have negatively impacted investor sentiment [6]. - A significant deal between Nvidia and CoreWeave, where Nvidia is investing $2 billion, has raised concerns about CoreWeave's dominance in the AI infrastructure market, potentially affecting CleanSpark's competitive position [7]. Future Outlook - There is a belief that the AI market could provide opportunities for smaller companies like CleanSpark, but if market power becomes concentrated, it may lead to reduced pricing power for former crypto miners [8]. - The company's response to recent developments and any guidance on future growth plans will be critical in shaping investor sentiment moving forward [9].
Here are the winners and losers (so far) in bitcoin mining from Nvidia's $2 billion CoreWeave investment
Yahoo Finance· 2026-01-26 16:06
As if continuing declines in the bitcoin price weren’t enough, shares of bitcoin miners who have shifted their business plan to focus on AI infrastructure were mostly sharply lower Monday following Nvidia's $2 billion investment in CoreWeave. While the investment underscores growing demand for high-performance computing as AI applications expand, it also highlights the challenges for independent miners trying to reposition themselves as infrastructure providers in the space. Cipher Mining (CIFR), CleanS ...
Cleanspark Inc. (CLSK) Expands in Texas in Pursuit of AI and HPC Opportunities
Insider Monkey· 2026-01-23 03:21
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...
CleanSpark: The Market Is Waiting On One Thing (NASDAQ:CLSK)
Seeking Alpha· 2026-01-22 15:05
CleanSpark ( CLSK ) should no longer be valued as a miner but as a transition asset with a defined execution window. Mining is robust, but it is no longer a multiple driver; it provides funding forHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: ...
CleanSpark: The Market Is Waiting On One Thing
Seeking Alpha· 2026-01-22 15:05
CleanSpark ( CLSK ) should no longer be valued as a miner but as a transition asset with a defined execution window. Mining is robust, but it is no longer a multiple driver; it provides funding forHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: ...
Cleanspark Inc. (CLSK) Ramps up Bitcoin Production amid AI infrastructure Expansion Spree
Yahoo Finance· 2026-01-19 13:15
Core Insights - CleanSpark Inc (NASDAQ:CLSK) is recognized as a leading cryptocurrency and blockchain stock, demonstrating strong performance in Bitcoin production and digital asset management [1][2]. Group 1: Bitcoin Production - In December, CleanSpark produced 622 Bitcoin, averaging 20.07 Bitcoin per day, marking a 10% year-over-year increase [2]. - The total Bitcoin production for the year reached 7,746 Bitcoin, with a hashrate of 150.0 EH/s, concluding the year with 13,099 Bitcoin after selling 577 Bitcoin at an average price of $89,210 [2][3]. Group 2: AI Infrastructure Expansion - CleanSpark is expanding into artificial intelligence compute infrastructure, having acquired a 271-acre site in Texas and secured power agreements totaling 285 megawatts [3]. - The company has a power portfolio of 31.45 GW under contract and utilizes 480 MW to support its mining operations [3]. Group 3: Strategic Vision and Market Position - The CEO of CleanSpark, Matt Schultz, emphasized the company's operational strength and monetization strategies, which are foundational for advancing AI infrastructure plans in Georgia, Texas, and beyond [4]. - Maxim initiated coverage of CleanSpark with a Buy rating and a price target of $22, indicating positive market sentiment [4]. Group 4: Business Model - CleanSpark focuses on Bitcoin mining and developing high-performance computing infrastructure, leveraging its energy assets and data centers for efficient operations [5].
Northland Initiates CleanSpark (CLSK) at Outperform with $22.50 PT on Strategic AI Pivot
Yahoo Finance· 2026-01-19 13:02
Core Viewpoint - CleanSpark Inc. (NASDAQ:CLSK) is recognized as a promising long-term investment, particularly due to its strategic pivot towards AI data centers and its strong position in Bitcoin mining [1][2][3]. Group 1: Company Overview - CleanSpark operates as a Bitcoin mining company in the Americas, owning, leasing, and managing data centers and power assets [4]. - The company currently has approximately 50 EH/s of mining capacity in the US [1]. Group 2: Strategic Developments - Northland initiated coverage of CleanSpark with an Outperform rating and a price target of $22.50, emphasizing the company's diversification into HPC and AI data centers [1][3]. - Maxim Group also initiated coverage with a Buy rating and a price target of $22, highlighting CleanSpark's shift from Bitcoin mining to AI data centers to meet rising infrastructure demand [2]. - The company has acquired a 285MW site in Texas and secured approximately 1.5GW of contracted power by November 2025, providing a competitive edge over rivals facing approval delays [3].
12 Best Future Stocks to Buy For the Long Term
Insider Monkey· 2026-01-16 20:25
Group 1: Tech Market Outlook - The tech bull market is expected to continue, with Nvidia's CEO Jensen Huang being recognized as a pivotal figure in the AI revolution, shifting focus from hardware to robotics and autonomous technology [1] - AI-related stocks have recently surged following strong earnings from Micron, indicating robust demand for memory chips, although there is a bipolar market environment where stocks react strongly to news [2] - The S&P tech sector is trading at a lower forward P/E ratio compared to the beginning of the year, suggesting that fears of an AI bubble are keeping valuations in check [2] Group 2: Future Market Predictions - Looking ahead to 2026, market vulnerability is anticipated, with the Federal Reserve identified as a primary threat to the bull market rather than valuation concerns [3] - A washout is deemed necessary to reset bullish sentiment, similar to how surprise tariffs in early 2025 prepared the market for a subsequent run [3] Group 3: Stock Recommendations - CleanSpark Inc. (NASDAQ:CLSK) is highlighted as a top future stock, with an average upside potential of 74.16% and 34 hedge fund holders, focusing on Bitcoin mining and expanding into AI data centers [8][9] - AstraZeneca (NASDAQ:AZN) is also recommended, with a 9.65% average upside potential and 54 hedge fund holders, bolstered by positive trial results for Saphnelo, which offers a new self-administered treatment option for systemic lupus erythematosus [12][13][14]
CLSK Stock Headed To $15?
Forbes· 2026-01-15 18:25
Core Insights - CleanSpark's stock increased by 6% to $13 following a significant land acquisition in Texas for an AI data center and an analyst upgrade, indicating strong market interest and potential strategic shift [2][10] - The company is transitioning from a Bitcoin miner to an AI infrastructure provider, supported by substantial land acquisitions and increased power capacity, positioning it to capitalize on the growing demand in the AI data center sector [2][7] - The recent acquisition includes 447 acres in Texas with a prospective power capacity of up to 600 MW, marking a significant step in CleanSpark's strategic pivot [2][10] Trade Mechanics and Money Flow - The stock movement was characterized by a massive surge in trading volume, reaching 59.7 million shares, which is approximately 89% above the three-month average of 31.5 million, indicating strong market interest [4][11] - The price movement aligns more with strong accumulation rather than a short squeeze, suggesting institutional accumulation and substantial retail interest driven by the AI narrative [4][5] - Institutional ownership stands at 71.7%, reflecting strong interest from large investors, while retail sentiment has shifted to 'bullish' on platforms like Stocktwits [11] Future Outlook - The strategic shift to an AI infrastructure provider is seen as a fundamental transition that the market is beginning to recognize, with a target price of $15.00 identified as a psychological boundary for potential upward movement [7] - The recent land purchase establishes a regional power center exceeding 890 MW, further enhancing CleanSpark's position in the AI sector [10]