CleanSpark Executive Says Company Will Keep Buying Bitcoin But Is 'Very Strategic' About It: 'We're Not Ideological'

Core Insights - CleanSpark Inc. emphasizes a flexible and strategic approach to managing its Bitcoin holdings, prioritizing monetization and cash generation over ideological commitments [1][3] - The company holds 13,011 BTC valued at $1.14 billion, making it the ninth-largest corporate holder of Bitcoin [2] - CleanSpark is open to selling part of its Bitcoin holdings if market conditions are favorable, contrasting with other companies that maintain a strict hold on their assets [3] Financial Performance - For fiscal 2025, CleanSpark reported revenue of $766.3 million, a significant increase from $379 million year-over-year [5] - The company achieved full-year earnings of $1.25 per share, a turnaround from a loss of 69 cents per share in the previous fiscal year [5] - CleanSpark is evolving into a "compute platform" to optimize value from both AI and Bitcoin workloads [5] Market Activity - As of the latest data, Bitcoin is trading at $87,266.97, reflecting a 0.93% increase in the last 24 hours [6] - CleanSpark's shares experienced a 2.29% drop in after-hours trading to $11.55, following a 2.96% increase during the regular trading session [6] - The company's growth potential is highlighted by a strong Edge Ranking of 99.73/100 in the growth category [6]