CleanSpark Releases January 2026 Operational Update

Rhea-AI Summary

CleanSpark (NASDAQ: CLSK) released an unaudited January 2026 operational update highlighting expansion of its Texas footprint and ongoing Bitcoin mining operations. The company announced a definitive agreement to acquire up to 447 acres in Brazoria County with transmission-level power to support an initial 300 MW and potential expansion to 600 MW, closing expected in Q1 2026 subject to approvals.

Operational metrics included 573 BTC produced in January, an operational hashrate peak of 50.0 EH/s, average operating hashrate of 42.6 EH/s, total bitcoin holdings of 13,513 BTC (1,894 BTC posted as collateral), and 808 MW utilized of 1.8 GW contracted power.

Positive

• Definitive agreement for up to 447 acres in Brazoria County, Texas
• Transmission-level capability supporting initial 300 MW with potential to expand to 600 MW
• January production of 573 BTC, demonstrating ongoing mining output
• Total bitcoin holdings of 13,513 BTC
• Operational hashrate peak of 50.0 EH/s for deployed fleet

Negative

• Brazoria County acquisition closing is subject to customary conditions including utility and property approvals
• 1,894 BTC of holdings are posted as collateral or receivable for derivative transactions
• Average operating hashrate (42.6 EH/s) below historical operational peak (50.0 EH/s)

News Market Reaction – CLSK

-10.04%

134 alerts

-10.04% News Effect

-34.2% Trough in 30 hr 46 min

-$309M Valuation Impact

$2.77B Market Cap

1.3x Rel. Volume

On the day this news was published, CLSK declined 10.04%, reflecting a significant negative market reaction. Argus tracked a trough of -34.2% from its starting point during tracking. Our momentum scanner triggered 134 alerts that day, indicating very high trading interest and price volatility. This price movement removed approximately $309M from the company's valuation, bringing the market cap to $2.77B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Bitcoin produced: 573 BTC Operational hashrate: 50.0 EH/s Average operating hashrate: 42.6 EH/s +5 more

8 metrics

Bitcoin produced 573 BTC January 2026 production

Operational hashrate 50.0 EH/s Peak concurrent hashrate in January 2026

Average operating hashrate 42.6 EH/s January 2026 fleet performance

Bitcoin holdings 13,513 BTC Treasury balance as of January 31, 2026

BTC sale proceeds $14,554,391 USD proceeds from sale of 158.63 BTC in January 2026

Average BTC sale price $91,752 Average price per BTC sold in January 2026

GW under contract 1.8 GW Total contracted power portfolio

Texas data center capacity Up to 600 MW Planned Brazoria County data center (300 MW initial + 300 MW expansion)

Market Reality Check

Price: $9.30 Vol: Volume 33,463,598 is slig...

normal vol

$9.30 Last Close

Volume Volume 33,463,598 is slightly above 20-day average of 32,010,865 (relative volume 1.05). normal

Technical Shares trade below the 200-day MA of 12.09 at a price of 11.36, well under the 52-week high of 23.61.

Peers on Argus

CLSK is up 2.9% while close peers show mixed moves: CIFR +0.74%, HUT +2.66%, MRX...

CLSK is up 2.9% while close peers show mixed moves: CIFR +0.74%, HUT +2.66%, MRX -1.14%, WULF -1.79%, MARA -1.9%, indicating a stock-specific reaction rather than a broad sector trend.

Historical Context

5 past events · Latest: Jan 30 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 30	Earnings call notice	Positive	-6.8%	Announcement of webcast to discuss fiscal Q1 2026 financial results.
Jan 15	Dividend declaration	Positive	-4.6%	Peer company VIA announces quarterly cash dividend on preferred stock.
Jan 14	Texas power acquisition	Positive	+6.3%	Definitive agreement for 447 Texas acres enabling up to 600 MW capacity.
Jan 06	December mining update	Positive	-2.5%	December BTC production data and note offering plus power expansion details.
Dec 03	November update & FY25	Positive	+5.7%	November BTC metrics and >$766M FY2025 revenue with convertible notes deal.

Pattern Detected

Recent CLSK news often centers on bitcoin production, power expansion, and financing, with mixed price reactions that alternate between alignment and divergence with generally positive operational headlines.

Recent Company History

Over the last few months, CleanSpark has highlighted steady bitcoin production growth and aggressive power expansion. November and December 2025 updates showed operational hashrate near 50 EH/s, growing BTC holdings above 13,000, and power under contract rising to 1.45 GW. A major step was the $1.15 billion zero-coupon convertible notes deal and associated share repurchases. The January 2026 Texas power and land acquisition continued this build-out, which today’s January 2026 mining and operational update further contextualizes with detailed production, fleet, and treasury metrics.

Market Pulse Summary

The stock dropped -10.0% in the session following this news. A negative reaction despite the detaile...

Analysis

The stock dropped -10.0% in the session following this news. A negative reaction despite the detailed operational update would fit prior instances where generally positive expansion headlines saw mixed price responses. January 2026 metrics included 573 BTC produced, 42.6 EH/s average hashrate, and 13,513 BTC in treasury, alongside plans for up to 600 MW of Texas data center capacity. Such declines have previously highlighted market concerns about capital intensity, execution risk, or broader sentiment toward bitcoin mining rather than specific metric shortfalls.

Key Terms

operational hashrate, bitcoin treasury, derivative transactions, transmission-level, +3 more

7 terms

operational hashrate technical

"Operational Hashrate 1 | 50.0 EH/s"

Operational hashrate is the actual computing power that a cryptocurrency mining operation is producing at a given time, measured by how many cryptographic problems it can solve per second. Think of it as the number of machines in a factory that are actually running versus the total that could be installed; higher operational hashrate means greater potential for mining rewards and revenue, while drops can signal equipment failures, maintenance, or rising costs that matter to investors.

bitcoin treasury financial

"--- Table Start --- Bitcoin Treasury Metrics ------------------------"

A bitcoin treasury is a collection of bitcoin holdings owned by a company or organization, similar to how a savings account stores money. It represents a strategic reserve of digital currency that can be used for investments, operational costs, or future growth. For investors, a bitcoin treasury can signal financial strength or a company's confidence in cryptocurrencies as part of its long-term plans.

derivative transactions financial

"1,894 bitcoin of this amount was posted as collateral or as a receivable all related to derivative transactions"

Derivative transactions are contracts whose value depends on the price or performance of something else—like stocks, bonds, currencies, interest rates or commodities. Think of them as insurance or bets about a future price: investors use them to protect against losses, lock in prices, or try to amplify returns, but they can also magnify losses, create cash demands and expose a firm to the risk that the other party won’t meet its obligation, so they can materially affect a company’s financial stability and volatility.

transmission-level technical

"supports up to 600 MW transmission-level data center in Texas"

Transmission-level describes how actively a contagious disease or pathogen is spreading within a community, usually expressed as categories (low/moderate/high) or as a rate. Investors care because higher transmission typically signals greater disruption to workforces, consumer demand, supply chains and potential for stricter public-health rules, much like a rising speedometer warns of faster-moving risks that could change company operations and revenue forecasts.

transmission facilities extension technical

"along with a long-term transmission facilities extension agreement"

An extension of transmission facilities is the construction or upgrade of the physical network that carries electricity or other energy from producers to users — for example adding power lines, substations or related equipment to reach new customers or increase capacity. Investors care because these projects require significant spending, regulatory approval and time, and they change a utility’s ability to sell more energy, earn regulated returns, and reduce bottlenecks that can affect supply and prices, much like widening a highway to handle more traffic.

megawatts technical

"Utilized MW 4 | 808"

A megawatt is a measure of electrical power equal to one million watts, describing how much electricity a plant or device can generate or use at a single moment. Investors use megawatts to compare the size and earning potential of energy projects—larger capacity usually means more electricity to sell—much like comparing the horsepower of engines to judge how much work they can do. Knowing megawatts helps assess scale, revenue potential, and grid impact of energy assets.

high-performance computing technical

"demand across AI and high-performance computing"

A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.

AI-generated analysis. Not financial advice.

Land and power agreement supports up to 600 MW transmission-level data center in Texas

LAS VEGAS, Feb. 4, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended January 31, 2026. 

"In January we continued to aggressively scale our power and land portfolio, grew our AI data center team with additional key talent, and supported local grids across the Southeast at our Bitcoin mining locations," said Matt Schultz, Chief Executive Officer and Chairman of CleanSpark. "We're progressing discussions with data center tenants in parallel with our efforts to secure the right power and sites that support relentless demand across AI and high-performance computing. By expanding in the right markets, we're positioning CleanSpark to grow responsibly and develop a best in class offering designed to scale with our partners and their needs."

Expands Texas Footprint with Land and Power Agreement
CleanSpark recently announced its definitive agreement to acquire up to 447 acres in Brazoria County, Texas, along with a long-term transmission facilities extension agreement. This positions the Company to develop a large-scale data center powered at the transmission level, supporting an initial 300 MW demand load with potential expansion of an additional 300 MW, for a total capacity of up to 600 MW. The closing is expected in Q1 2026, subject to customary conditions, including utility and property-related approvals.

The agreement marks the second Texas county in CleanSpark's portfolio. The Company previously acquired 271 acres and 285 MW in Austin County to support a next-generation data center campus.

Announces Q1 FY2026 Earnings Call
CleanSpark 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.

To view the webcast, please click here.

January 2026 Bitcoin Mining Highlights (Unaudited)

Production Metrics
Bitcoin produced	573
Peak single day bitcoin production	21.77
Average daily bitcoin production	18.47
CY2026 bitcoin produced	573

 

Fleet Metrics
Operational Hashrate1	50.0 EH/s
Average operating hashrate	42.6 EH/s
Peak efficiency of deployed fleet	16.07 J/Th
Deployed fleet as of January 31	248,394

 

Bitcoin Treasury Metrics
Total bitcoin holdings as of January 312	13,513
Total bitcoin sold	158.63
Total USD proceeds from sale of BTC2	$14,554,391
Average price per BTC sold	$91,752

 

Power Portfolio Metrics
GW under contract3	1.8
Utilized MW4	808

1Operational Hashrate refers to the highest hashrate historically achieved concurrently by all installed and functional miners that were: properly racked and configured, supported by energized infrastructure, and capable of actively contributing to our mining pool or directly to the Bitcoin network.

2As of January 31, 2026, CleanSpark's Bitcoin holdings were 13,513 in total (1,894 bitcoin of this amount was posted as collateral or as a receivable all related to derivative transactions).

3GW under contract includes all contracted power capacity for wholly owned or leased sites and excludes any other non-binding arrangements.

4Utilized MW represents the maximum megawatts used concurrently in support of the fleet's Operational Hashrate.

About CleanSpark
CleanSpark (Nasdaq: CLSK), is a market-leading data center developer with a proven track record of success. We own a portfolio of more than 1.4 GW of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence, and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the success and performance of the Company's non-bitcoin data center activities and expansion into non-bitcoin infrastructure; completion of construction, regulatory approvals, and electrical power availability to achieve anticipated growth; the success and performance of the digital asset management and derivatives trading activities, which were only recently commenced; the success of our digital currency mining activities; bitcoin volatility; the dependency on utility rate structures and government incentive programs; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.

Investor Relations Contact
Harry Sudock
702-989-7693 
ir@cleanspark.com 

Media Contact 
Eleni Stylianou
702-989-7694
pr@cleanspark.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cleanspark-releases-january-2026-operational-update-302678881.html

SOURCE CleanSpark, Inc.

FAQ

What did CleanSpark (CLSK) announce about its Texas data center capacity on Feb 4, 2026?

They announced a definitive agreement for up to 447 acres enabling transmission-level power for an initial 300 MW, expandable to 600 MW. According to the company, closing is expected in Q1 2026 subject to customary utility and property approvals.

How much Bitcoin did CleanSpark (CLSK) produce in January 2026?

CleanSpark produced 573 BTC in January 2026. According to the company, peak single-day production was 21.77 BTC and average daily production was 18.47 BTC for the month.

What are CleanSpark's (CLSK) mining fleet and hashrate metrics as of January 31, 2026?

The company reported an operational hashrate peak of 50.0 EH/s and an average operating hashrate of 42.6 EH/s. According to the company, the deployed fleet totaled 248,394 miners as of January 31.

How many bitcoins does CleanSpark (CLSK) hold and are any encumbered as of January 31, 2026?

CleanSpark reported total holdings of 13,513 BTC, with 1,894 BTC posted as collateral or receivable related to derivative transactions. According to the company, those amounts are included in the total holdings figure.

When will CleanSpark (CLSK) discuss Q1 FY2026 financial results with investors?

CleanSpark will host a live webcast to discuss fiscal Q1 2026 results on February 5, 2026 at 4:30 p.m. ET. According to the company, the webcast will cover the quarter's financial results and operational update.