Cleanspark Inc Stock Price, News & Analysis

CleanSpark (NASDAQ:CLSK), America's Bitcoin Miner®, reported exceptional Q3 2025 financial results with quarterly revenue of $198.6 million, up 91% year-over-year. The company achieved a significant net income of $257.4 million, translating to $0.90 basic EPS.

Key operational milestones include reaching 50 EH/s of operational hashrate in June, managing 5.8% of global hashrate, and securing over 1 GW of power under contract. The company's bitcoin treasury grew to 12,703 BTC, valued at over $1.08 billion, achieved without equity offerings since November 2024.

The balance sheet shows total assets of $3.1 billion, with $2.14 billion in stockholders' equity and $933.3 million in working capital. The company also launched its Digital Asset Management team's derivatives strategy, showing promising early returns.

CleanSpark (Nasdaq: CLSK) released its July 2025 Bitcoin mining update, highlighting significant operational achievements. The company produced 671 bitcoin during the month and reached a major milestone by surpassing 1 gigawatt in contracted power across four states.

The company's bitcoin treasury grew to 12,703 BTC, with strategic sales of 575.97 BTC generating $64.7 million in proceeds at an average price of $112,351 per bitcoin. CleanSpark maintained an operational hashrate of 50.0 EH/s with 241,319 deployed miners, achieving an average daily production of 21.65 bitcoin.

Despite regional heatwaves causing periodic load reductions, CleanSpark's geographically diversified infrastructure demonstrated resilience and supported grid stability through flexible power agreements.

CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, has scheduled its fiscal Q3 2025 financial results presentation for Thursday, August 7, 2025. The company will host a live webcast at 4:30 p.m. EST / 1:30 p.m. PST. Investors and interested parties can access the webcast through the provided link, with downloadable files including a transcript becoming available on the company's website 48 hours after the event.

Canaan Inc. (NASDAQ: CAN) has secured an additional purchase order from CleanSpark Inc. (NASDAQ: CLSK) for Avalon A1566I immersion-cooling miners. The miners deliver a hashrate of 249-267 terahashes per second (TH/s) without overclocking.

This order follows CleanSpark's initial November 2024 purchase of 3,800 Avalon A1566I miners with an average hashrate of 249 TH/s. The miners will be deployed at CleanSpark's Norcross, Georgia facility. Canaan emphasizes its focus on next-generation ASIC technology development for the North American market.

Bybit, the world's second-largest crypto exchange, has announced the listing of three new stocks on its TradFi platform: SharpLink Gaming (NASDAQ: SBET), CleanSpark (NASDAQ: CLSK), and Bitfarms (NASDAQ: BITF).

Notable among these is SBET, which has reportedly acquired 74,656 ETH (valued at $213 million), with 99.7% of its holdings deployed in staking strategies since June. This significant Ethereum position has led analysts to compare SBET to MicroStrategy's Bitcoin strategy, dubbing it "Ethereum's version of MicroStrategy."

CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, has achieved a significant milestone by reaching 50 EH/s operational hashrate in June 2025, becoming the first Bitcoin miner to do so through fully self-operated infrastructure. The company reported a 9.6% month-over-month increase in hashrate and improved fleet energy efficiency to 16.15 J/Th.

The company now holds 12,608 BTC in treasury, ranking seventh among public companies globally, all self-mined. CleanSpark's Digital Asset Management program achieved an average sale price of $105,860 per bitcoin in June, outperforming VWAP by $446. The company has secured 179 megawatts of additional power capacity, supporting over 10 EH/s of incremental hashrate for future growth.

CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner, has achieved a significant milestone of 50 exahashes per second (EH/s) of operational hashrate, becoming the first publicly traded miner to reach this scale with fully self-operated infrastructure. The company's operations span across 30+ locations in Georgia, Mississippi, Tennessee, and Wyoming.

The company maintains a strategic bitcoin treasury of over 12,500 BTC managed by its Digital Asset Management division, which began generating results through active monetization and yield initiatives in May. CleanSpark has laid the groundwork to expand to 60 EH/s and beyond, emphasizing capital-efficient growth through its vertically integrated control over energy procurement, development, and operations.

CleanSpark (NASDAQ: CLSK) released its May 2025 Bitcoin mining update, showcasing significant operational growth. The company reached a month-end hashrate of 45.6 EH/s, up 7.5% from the previous month, and is approaching the 50 EH/s milestone. CleanSpark doubled its Bitcoin treasury year-over-year to 12,502 BTC, with 2,210 BTC posted as collateral. In May, the company produced 694 Bitcoin and sold 293.5 BTC at an average price of $102,254. The company secured an additional 72 MW of power, bringing total contracted capacity to 987 MW. Operating with 230,232 deployed miners at an average fleet efficiency of 16.71 J/Th, CleanSpark maintained an average hashrate of 42.5 EH/s and achieved average daily production of 22.39 bitcoin. The company projects reaching 60 EH/s in the future, emphasizing its infrastructure-first strategy and vertically integrated model.

CleanSpark (NASDAQ: CLSK), a pure-play Bitcoin mining company, reported its Q2 FY2025 financial results. The company achieved $181.7 million in quarterly revenue, marking a 62.5% increase from the previous year. Bitcoin production reached 1,957 coins with an average revenue of $92,811 per coin. However, the company recorded a net loss of ($138.8 million), or ($0.49) per share, compared to net income of $126.7 million in the same period last year. CleanSpark's balance sheet shows $97.0 million in cash, $979.6 million in Bitcoin holdings, and total assets of $2.7 billion. The company maintains a working capital of $838.2 million and is on track to reach its 50 EH/s target in June, focusing on infrastructure-first approach and non-dilutive financing through partnerships like their revolving line with Coinbase.