Cleanspark, Inc. (CLSK)

CleanSpark's stock price has seen a 0.48% change over the past six months and a 31.97% increase over the past year. Key events impacting the stock include record-breaking fiscal year 2025 results with revenues of $766.3 million and a net income of $364.5 million, surpassing 50 EH/s in operational hashrate. The company closed a $1.15 billion convertible transaction to accelerate the expansion of its power and land portfolio. The announcement of acquiring land and power in Texas for a dedicated AI data center led to a surge in CleanSpark's shares. Maxim Group initiated coverage of CleanSpark with a "Buy" recommendation.

Specific demand seasonality for CleanSpark's products and services is not explicitly detailed, but the company's primary product, Bitcoin, is subject to market-driven demand rather than traditional seasonal consumer patterns. The company's expansion into AI and HPC data centers may introduce new demand dynamics, but the current information does not indicate a distinct seasonality for these services. Seasonal charts are available for CLSK stock performance, which highlight recurring trends in asset performance over specific months, but these reflect past stock data and not necessarily product demand.

CleanSpark, Inc. is a Bitcoin mining technology company that manages data centers, focusing on sustainable, large-scale Bitcoin mining. The company leverages proprietary technology and strategic expansion to maximize operational efficiency and output, with its main product being the mined Bitcoin. CleanSpark is diversifying into a digital infrastructure provider to capture the high-growth AI and HPC market, including the development of AI data centers.

CleanSpark operates mining facilities and data centers across the United States, including locations in Georgia, Mississippi, Tennessee, and Wyoming. In October 2025, CleanSpark announced its expansion into Texas, acquiring land and securing power supply agreements to develop a next-generation data center campus for AI, cloud, and enterprise workloads.

CleanSpark has established itself as "America's Bitcoin Miner®," emphasizing its commitment to sustainable, large-scale Bitcoin mining and environmentally conscious practices. The company's brand reputation has been positively impacted by its strategic pivot into the high-performance computing and AI data center market. CleanSpark is recognized for its operational efficiency and for setting standards in the digital asset space, being the first publicly traded company to achieve 50 Exahash per second (EH/s) of operational hashrate using exclusively American infrastructure.

CleanSpark, Inc. has a diverse ownership structure, with a significant portion held by institutional investors such as BlackRock, Inc., Vanguard Group Inc, IJR - iShares Core S&P Small-Cap ETF, State Street Corp, and Geode Capital Management, Llc. Individual and insider owners with substantial holdings include Munson Family Limited Partnership, S. Matthew Schultz (CEO and Executive Chairman), Burkeley J. Priest, Bruce Lybbert, and Zachary Bradford. Institutional shareholders collectively hold approximately 72.63% to 74.55% of the company's stock.