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CLSK US​

Cleanspark, Inc.(CLSK US)

$7.88-0.273.31%Ext:$7.90+0.020.20%(Market Closed · 23:59:26 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Cleanspark, Inc. — Company Profile

CleanSpark, Inc. is a global enterprise specializing in cryptocurrency mining and advanced energy technologies. The company's operations are divided into two primary divisions: Digital Currency Mining and Energy Solutions. Its Digital Currency Mining segment is dedicated to the extraction of bitcoin. The Energy Solutions division offers a comprehensive suite of services, including engineering expertise, software development, bespoke hardware, and solutions for open automated demand response, solar power, and energy storage. These offerings cater to microgrids and decentralized energy systems, serving a diverse client base across military, commercial, and residential sectors. This segment also develops sophisticated platforms that facilitate the creation, deployment, operation, and management of various energy assets. Key products within this portfolio include mPulse and mVoult, which are control systems designed to integrate and optimize diverse energy sources. It also provides Canvas, a middleware platform empowering grid operators and aggregators to oversee demand-side management programs, and Plaid, a similar middleware enabling control and Internet-of-Things companies to engage in such initiatives. Furthermore, mVSO is proprietary software for internal microgrid design and modeling. CleanSpark also possesses innovative gasification energy technologies, including those used to produce feedstock for di-methyl ether. Beyond these core activities, CleanSpark offers technology consulting, encompassing design and software development. It also extends data center facilities, providing rack space, power, and essential equipment, alongside a suite of cloud services like virtual servers, virtual storage, and data backup solutions. Originally established in 1987 as Stratean Inc., the company rebranded as CleanSpark, Inc. in November 2016. Its corporate headquarters are situated in Henderson, Nevada.

Sector
Financial Services
Industry
Asset Management - Cryptocurrency
Exchange
UQ
CEO
S. Matthew Schultz
Headquarters
Henderson, NV, US
IPO Date
Nov 16, 2016
Employees
312
Website
www.cleanspark.com

Key Metrics

Price
$12.16
Market Cap
$3.12B
Revenue (TTM)
$136.41M
Net Income (TTM)
$-378343000.00
EPS (TTM)
-1.52
P/E (TTM)
-6.23
P/B (TTM)
3.16
Dividend Yield
69.93%
ROE (TTM)
-38.37%
ROA (TTM)
-12.99%
Operating Margin
-81.99%
Beta
3.24

Dividends

Last Dividend
$0.12
Last Yield
0.70%

Summary

CleanSpark, Inc. is a global enterprise specializing in cryptocurrency mining and advanced energy technologies. The company's operations are divided into two primary divisions: Digital Currency Mining and Energy Solutions. Its Digital Currency Mining segment is dedicated to the extraction of bitcoin. The Energy Solutions division offers a comprehensive suite of services, including engineering expertise, software development, bespoke hardware, and solutions for open automated demand response, solar power, and energy storage. These offerings cater to microgrids and decentralized energy systems, serving a diverse client base across military, commercial, and residential sectors. This segment also develops sophisticated platforms that facilitate the creation, deployment, operation, and management of various energy assets. Key products within this portfolio include mPulse and mVoult, which are control systems designed to integrate and optimize diverse energy sources. It also provides Canvas, a middleware platform empowering grid operators and aggregators to oversee demand-side management programs, and Plaid, a similar middleware enabling control and Internet-of-Things companies to engage in such initiatives. Furthermore, mVSO is proprietary software for internal microgrid design and modeling. CleanSpark also possesses innovative gasification energy technologies, including those used to produce feedstock for di-methyl ether. Beyond these core activities, CleanSpark offers technology consulting, encompassing design and software development. It also extends data center facilities, providing rack space, power, and essential equipment, alongside a suite of cloud services like virtual servers, virtual storage, and data backup solutions. Originally established in 1987 as Stratean Inc., the company rebranded as CleanSpark, Inc. in November 2016. Its corporate headquarters are situated in Henderson, Nevada.

Website
www.cleanspark.com
Location
Henderson, NV, US
Phone702 941 8047
Employees312
CEOS. Matthew Schultz
SectorFinancial Services
IndustryAsset Management - Cryptocurrency
IPO DateNov 16, 2016

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Latest Documents

SEC Filings(773)

Expand
  • SC 13G/ACLEANSPARK, INC.19 Oct
  • SC 13G/ACLEANSPARK, INC.19 Oct
  • SC 13G/ACLEANSPARK, INC.19 Oct
  • 4Statement of changes in beneficial ownership1 Oct
  • 144Monnig Taylor1 Oct
  • 4Statement of changes in beneficial ownership1 Oct
  • 144Garrison Scott Eugene1 Oct
  • 4Statement of changes in beneficial ownership1 Oct
  • 4Statement of changes in beneficial ownership1 Oct
  • 4Statement of changes in beneficial ownership1 Oct
  • 4Statement of changes in beneficial ownership1 Oct
  • 8-KEntry into a Material Definitive Agreement25 Sep
  • 8-KOther Events18 Sep
  • 8-KRegulation FD Disclosure17 Sep
  • 4Statement of changes in beneficial ownership10 Sep
  • 4Statement of changes in beneficial ownership10 Sep
  • 4Statement of changes in beneficial ownership10 Sep
  • 4Statement of changes in beneficial ownership10 Sep
  • 4Statement of changes in beneficial ownership9 Sep
  • 4Statement of changes in beneficial ownership9 Sep

News

  • BlockchAIn Digital Infrastructure Unveils $1B+ Nebius Data Center Lease Strategy02:02AM
  • New Strong Sell Stocks for October 23rd23 Oct
  • CleanSpark (CLSK) Suffers a Larger Drop Than the General Market: Key Insights22 Oct
  • Tax-Loss Harvesting 2026: 3 Tech Stocks To Sell And 3 Strong Buys To Consider22 Oct
  • Here is What to Know Beyond Why Cleanspark, Inc. (CLSK) is a Trending Stock22 Oct
  • Bitcoin Mining Just Got 6% Harder While BTC Fell. Could Miners Start Selling?19 Oct
  • CleanSpark (CLSK) Beats Stock Market Upswing: What Investors Need to Know15 Oct
  • CleanSpark Stock Sinks: What's Going On?14 Oct
  • Top 10 Powder Keg Stocks Where Short Sellers Are Sitting on a Fuse13 Oct
  • Brokers Suggest Investing in CleanSpark (CLSK): Read This Before Placing a Bet12 Oct
  • CleanSpark (CLSK) Stock Slides as Market Rises: Facts to Know Before You Trade9 Oct
  • CleanSpark Releases September 2026 Operational Update9 Oct
  • Here's Why CleanSpark (CLSK) Fell More Than Broader Market8 Oct
  • CleanSpark Sinks 7% as Mining Stocks Lag Bitcoin; MARA Drops 5%, Strategy Slips8 Oct
  • Bitcoin Slide Meets 5.7% Bond Yields: Neoclouds Get Hit From Both Sides8 Oct
  • Is Trending Stock Cleanspark, Inc. (CLSK) a Buy Now?8 Oct
  • BlockchAIn Digital Infrastructure Says Nebius Prepayment Funds $800M Data Center Build8 Oct
  • Is Cleanspark Inc (CLSK) a Bargain After 6.3% Drop? GF Value Says Undervalued7 Oct
  • CleanSpark (CLSK) Exceeds Market Returns: Some Facts to Consider2 Oct
  • Why CleanSpark (CLSK) Dipped More Than Broader Market Today30 Sep

Mentions in Filings

  • … 024. For the years ended December 31, 2025 and 2024, the Company incurred a loss after tax of $23.7 million and $46.1 million, respectively. Included in trade and other receivables is a $2.0 million payment due from <strong>CleanSpark, Inc.</strong> for the purchase of the Company’s Georgia facility. CleanSpark, Inc. has disputed this payment. On December 22, 2023, the Company made formal demand on CleanSpark Inc. and CSRE Properties Sandersville, LLC for brea …
    Big Digital Energy, Inc.Cleanspark, Inc.·ARS - Annual report to security holders·FY25·23 Oct
  • … access to capital, power procurement, facility development, operating scale, and vendor relationships. Examples of companies that may compete with us for capital, power, hosting capacity, hardware supply, and acquisition opportunities include (among others): Argo Blockchain; Bit Digital; Bitfarms; <strong>CleanSpark</strong>; Cipher Mining; Core Scientific; Hive; Hut 8; Iris Energy; Marathon Digital; Northern Data; Riot Platforms; Digi Power X; and TeraWulf. -9-
    Datacentrex, Inc.Cleanspark, Inc.·ARS - Annual report to security holders·FY25·15 Oct
  • … d in IREN’s Annual Report on Form 10-K for the fiscal year ended June 30, 2026. Beginning in 2026, the Peer Group includes the following companies: Bitdeer Technologies, Cipher Digital (formerly known as Cipher Mining), <strong>CleanSpark</strong>, CoreWeave, Hut 8, Keel Infrastructure (formerly known as Bitfarms), MARA Holdings, Nebius Group, Riot Platforms, and TeraWulf. Before 2026, the Peer Group included the following companies: Bitdeer Technologies, Cipher …
    IREN LtdCleanspark, Inc.·DEF 14A - Definitive proxy statement·Q2 27·13 Oct
  • … mmation of the Business Combination. Ms. Dolan has been a member of the board of directors for SEALSQ since March 10, 2023. Ms. Dolan served on the GRIID board of directors from January 2, 2024, until its acquisition by <strong>CleanSpark</strong> in October 2024. Ms. Dolan is an award-winning engineer, entrepreneur, and author who has spent her entire career in a variety of executive roles within the technology industry. In 2024, she joined the faculty of Columb …
    WISeSat.Space Holdings Corp.Cleanspark, Inc.·20-F - ANNUAL REPORT FY 2026·FY26·7 Oct
  • … aWulf Inc. | NasdaqCM:WULF | Application Software | | HPC DCs without Signed AI Leases | | | | Bitdeer Technologies Group | NasdaqCM:BTDR | Application Software | | Bitfarms Ltd. | TSX:BITF | Application Software | | <strong>CleanSpark, Inc.</strong> | NasdaqCM:CLSK | Application Software | | HIVE Digital Technologies Ltd. | TSXV:HIVE | Application Software | | Hut 8 Corp. | NasdaqGS:HUT | Application Software | | IREN Limited | NasdaqGS:IREN | Application Softwa …
    Blue Acquisition Corp/CaymanCleanspark, Inc.·DEFM14A - Definitive proxy statement (merger)·Q4 26·23 Oct
  • … | | | | --- | --- | | ● | Eight Tier 1 data center companies (Bitfarms Ltd, Bitdeer, <strong>CleanSpark</strong> Inc., HIVE Digital, IREN Limited, Riot Platforms, Inc., and WhiteFiber Inc.) that, as of the Analysis Date, operated large-scale infrastructure with business models historically similar to Blockfusion, primarily focused on Bitcoin mining and related services, with limited HPC capabilities and no publicly-announced long-term agreements with HPC/AI clien …
    Blockfusion Digital Infrastructure, Inc.Cleanspark, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct

Key Stats

Trading

Px/Chg 1D$12.16 / -4.55%
Avg Volume21.13M
Beta3.24
Mkt Cap3.12B
FD Mkt Cap2.93B

Float

Shrs Out/Float256.61M / 246.38M
Short Float0.32%
Days to Cover3.94
Stock Repurchased$0.00

Current Valuation

EV4.65B
EV/EBITDA22.68
EV/Sales6.29
P/B3.16
P/S4.22
FCF Yield-5.56%
ROE-38.37%
ROA-12.99%
Current Ratio8.26

Dividend

Cash$0.12
Yield69.93%
Yield (TTM)69.93%

Estimates

P/E-6.23
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgFeb '23Feb '24Feb '25Feb '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-634.90-2.54-6.92-15.34-3,141.44-8.25
Price / Sales9.711.115.685.9012.9922.87
Price / Book Value1.510.361.421.271.343.16
Price / Free Cash Flow-5.94-1.24-3.01-2.15-5.30-17.99
ENTERPRISE VALUE METRICS
Enterprise Value2,322.2147.5943.72,181.63,687.34,650.7
Enterprise Value / Sales12.611.125.605.7616.4934.09
Enterprise Value / EBITDA244.0614.70-124.21149.1128.971,151.73
Enterprise Value / EBIT25.24-3.78-7.35-15.59194.48-41.58

Financials

Full Financials
Millions USD5Yr CAGR (%)Sep '21Sep '22Sep '23Sep '24Sep '25
INCOME STATEMENT
Revenue110.2%39.3131.5168.4379.0766.3
Gross Income123.2%12.849.429.1139.4318.8
EBITDA396.7%1.310.0-7.614.6763.2
EBIT—-8.1-39.0-128.3-140.0414.9
Net Income—-21.8-57.3-138.1-145.8364.5
EPS (Diluted)—-0.75-1.35-1.35-0.691.12
BALANCE SHEET
Cash & ST Inv125.7%38.932.286.2553.81,009.8
Total Assets78%317.5452.6761.61,962.73,183.6
Total Liabilities204.3%11.848.685.9201.81,008.5
Total Shareholder Equity63.3%305.7404.0675.71,760.82,175.1
CASH FLOW
Net Operating Cash Flow109.4%-24.073.5-17.2-233.7-461.0
Cap Ex25.3%-228.6-190.7-300.9-806.4-562.9
Free Cash Flow41.9%-252.6-117.2-318.1-1,040.1-1,023.9

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)7.85
Basic Shares256.61
Market Cap2,014.4
Diluted Shares267.83
Fully Diluted Shares Outstanding267.83
Fully Diluted Market Cap2,102.4
+Consolidated Debt1,790.7
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-260.3
−Short-term Investments-674.4
+Total Preferred0.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value3,544.8

Segment data

Revenue

by Products and services

  • Consolidated Revenues97%
  • Other Revenue And Eliminations3%

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