CleanSpark Releases June 2026 Operational Update

Rhea-AI Summary

CleanSpark (Nasdaq: CLSK) reported its unaudited June 2026 Bitcoin mining update, highlighting resilient operations amid market volatility and progress at its Sandersville and Texas sites.

In June, CleanSpark produced 614 bitcoin, reached a peak operational hashrate of 50 EH/s, and increased total bitcoin holdings to 13,924, with 1.8 GW of power under contract and 808 MW utilized.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

• Produced 614 bitcoin in June 2026
• Calendar year 2026 bitcoin production reached 3,724 BTC
• Peak operational hashrate reached 50 EH/s
• Average operating hashrate was 42.6 EH/s
• 1.8 GW of power under contract across the portfolio
• Total bitcoin holdings increased to 13,924 BTC as of June 30, 2026

Negative

• 429 bitcoin were sold in June via spot and call exercises
• 1,719 bitcoin were posted as collateral or receivable tied to derivative transactions

Market reaction: CLSK -9.59% on June 2026 operational update

-9.59% $12.22

15m delay

-9.59% Since News

$12.22 Last Price

$12.05 $13.28 Day Range

-$332M Valuation Impact

$3.13B Market Cap

0.2x Rel. Volume

Following this news, CLSK has declined 9.59%, reflecting a notable negative market reaction. Our momentum scanner has triggered 45 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $12.22. This price movement has removed approximately $332M from the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

What This Means

The update highlighted June production of 614 BTC, total holdings of 13,924 BTC, and a 50 EH/s opera...

Analysis

The update highlighted June production of 614 BTC, total holdings of 13,924 BTC, and a 50 EH/s operational hashrate, while noting bitcoin pledged in derivatives. Historical news shows mixed market responses, with sizeable short interest adding an extra layer of risk.

Key Figures

Total bitcoin holdings: 13,924 BTC Bitcoin produced: 614 BTC CY2026 bitcoin produced: 3,724 BTC +5 more

8 metrics

Total bitcoin holdings 13,924 BTC As of June 30, 2026

Bitcoin produced 614 BTC June 2026 production

CY2026 bitcoin produced 3,724 BTC Calendar year 2026 to date

Operational hashrate 50 EH/s Fleet metric in June 2026 update

Average operating hashrate 42.6 EH/s June 2026 period

Power under contract 1.8 GW Contracted capacity in power portfolio

Utilized power 808 MW Maximum megawatts used concurrently

Average bitcoin sale price $69,056 Average price per bitcoin sold in June 2026

Historical Context

5 past events · Latest: Jun 04 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 04	Monthly operations update	Neutral	-4.7%	Reported May bitcoin production, hashrate, power usage, and updated bitcoin holdings.
May 20	Leadership appointment	Positive	+7.9%	Named new SVP of Finance with extensive capital markets experience.
May 11	Earnings report	Negative	-5.8%	Reported Q2 loss and lower revenue alongside large bitcoin-related losses.
May 06	Monthly operations update	Neutral	+8.1%	Detailed April production metrics and highlighted AI and hyperscale discussions.
May 05	Earnings webcast notice	Neutral	+4.6%	Scheduled webcast date and access details for Q2 2026 results discussion.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent CLSK headlines have mostly seen price moves consistent with the tone of the news, with one notably strong reaction to a routine operational update.

Regulatory & Risk Context

Short Interest: 34.27%

Short Interest

34.27% of float

0% 15% 30%+

high as of 2026-06-15 Days to cover: 3.66

Reported short positioning appears high, which can increase the potential for sharp moves in either direction as positions are built or covered.

Key Terms

operational hashrate, peak efficiency, delta neutral basis trade, call exercises, +2 more

6 terms

operational hashrate technical

"Operational Hashrate 1 | 50 EH/s Average operating hashrate | 42.6 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.

peak efficiency technical

"Peak efficiency of deployed fleet | 16.07 J/Th Deployed fleet as of June 30"

Peak efficiency is the point at which a business, machine, or process converts inputs (like money, materials, or labor) into outputs (products, services, or revenue) with the least waste and highest productivity. Investors care because it signals when operations are running at maximum effectiveness—like a car getting the best miles per gallon—affecting margins, cash flow and the potential for stable or improving financial performance.

delta neutral basis trade financial

"Bitcoin acquired related to delta neutral basis trade | 244 Total bitcoin holdings"

A delta neutral basis trade is a market strategy that seeks to profit from the price gap between a security’s current market price and a related derivative (like a futures or forward) while neutralizing exposure to overall market moves. Think of it as balancing a scale so gains from the price gap can be collected without betting on whether the market goes up or down; it matters to investors because it can offer returns with reduced directional risk, though it still carries costs and specific risks tied to timing, funding and the relationship between the instruments.

call exercises financial

"Bitcoin sold at spot | (179) Bitcoin sold pursuant to call exercises | (250)"

Call exercises occur when the holder of a call option chooses to buy the underlying shares at the agreed strike price, similar to using a voucher to purchase an item at a fixed discount. For investors, call exercises matter because they can change the number of shares available, dilute existing ownership if new shares are issued, and create cash inflows for the seller or company, all of which can influence stock price and earnings per share.

put exercises financial

"Bitcoin sold pursuant to call exercises | (250) Bitcoin acquired pursuant to put exercises | 25"

Put exercises are instances when the holder of a put option chooses to sell the underlying shares at the option’s agreed price instead of letting the option expire. Think of it like a homeowner using a contract to force a sale at a pre-set price when they worry the market will drop; for investors, widespread put exercises signal realized downside protection or bearish bets becoming active, which can increase selling pressure or trigger deliveries and cash settlements affecting supply and demand.

collateral financial

"of which 1,719 was posted as collateral or as receivable and all related"

Collateral is an asset a borrower pledges to a lender as security for a loan; if the borrower fails to repay, the lender can take the asset to recover losses. For investors, collateral matters because it reduces lender risk, influences interest rates and loan terms, and determines who gets paid first if a company faces financial trouble—think of it like a pawned item that gives the lender extra protection.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Increases bitcoin holdings to 13,924

LAS VEGAS, July 7, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), a market-leading data center developer, today released its unaudited Bitcoin mining and operations update for the month ended June 30, 2026.

"Our bitcoin mining operations continue to perform well in the face of market volatility as we continue to advance our commercialization efforts for Sandersville," said CEO and Chairman Matt Schultz. "We have made meaningful progress towards energization in Texas and look forward to further expanding our HPC campus portfolio in conjunction with monetization."

June 2026 Bitcoin Mining Highlights (Unaudited)

Production Metrics
Bitcoin produced	614
Peak single day bitcoin production	22.57
Average daily bitcoin production	20.46
CY2026 bitcoin produced	3,724

 

Fleet Metrics
Operational Hashrate1	50 EH/s
Average operating hashrate	42.6 EH/s
Peak efficiency of deployed fleet	16.07 J/Th
Deployed fleet as of June 30	225,137

 

Power Portfolio Metrics
GW under contract2	1.8 GW
Utilized MW3	808 MW

 

Bitcoin Treasury Activity
Total bitcoin holdings as of May 31	13,470
Bitcoin produced	614
Bitcoin sold at spot	(179)
Bitcoin sold pursuant to call exercises	(250)
Bitcoin acquired pursuant to put exercises	25
Bitcoin acquired related to delta neutral basis trade	244
Total bitcoin holdings as of June 304	13,924
Average price per bitcoin sold5	$69,056

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.

2GW under contract includes all contracted power capacity for wholly owned or leased sites and excludes any other non-binding arrangements.

3Utilized MW represents the maximum megawatts used concurrently in support of the fleet's Operational Hashrate.

4As of June 30, 2026, CleanSpark's Bitcoin holdings were 13,924 in total, of which 1,719 was posted as collateral or as receivable and all related to derivative transactions.

5Average price calculated as net proceeds from bitcoin sold plus net premiums generated divided by total bitcoin sold.

About CleanSpark
CleanSpark (Nasdaq: CLSK), is a market-leading data center developer with a proven track record of success. We control a portfolio of more than 1.8 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: scaling towards becoming a multi-gigawatt AI and digital infrastructure platform; 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; 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-june-2026-operational-update-302819318.html

SOURCE CleanSpark, Inc.

FAQ

How much bitcoin did CleanSpark (CLSK) mine in June 2026?

CleanSpark mined 614 bitcoin in June 2026. According to CleanSpark, this translated to an average daily production of 20.46 bitcoin, with a peak single-day output of 22.57 bitcoin during the month.

What is CleanSpark's total bitcoin holding as of June 30, 2026 (CLSK)?

CleanSpark held 13,924 bitcoin as of June 30, 2026. According to CleanSpark, this balance reflects production, spot sales, options-related sales and purchases, and a delta neutral basis trade executed during the month.

What operational hashrate did CleanSpark (CLSK) report for June 2026?

CleanSpark reported a peak operational hashrate of 50 EH/s for June 2026. According to CleanSpark, the average operating hashrate during the month was 42.6 EH/s, supported by 808 MW of utilized power capacity.

How much power capacity does CleanSpark (CLSK) have under contract in June 2026?

CleanSpark reported 1.8 GW of power under contract in June 2026. According to CleanSpark, this figure covers contracted capacity for wholly owned or leased sites and excludes any non-binding power arrangements in its portfolio.

At what average price did CleanSpark (CLSK) sell bitcoin in June 2026?

CleanSpark sold bitcoin at an average price of $69,056 in June 2026. According to CleanSpark, this average reflects net proceeds from bitcoin sold plus net premiums generated, divided by total bitcoin sold during the month.

How many bitcoin did CleanSpark (CLSK) sell or use in derivative transactions in June 2026?

CleanSpark sold 429 bitcoin via spot and call exercises and used 1,719 bitcoin as collateral or receivable. According to CleanSpark, these activities were tied to derivative transactions and options activity during June 2026.