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CleanSpark, Inc. (CLSK)

Financial Services Balanced

CleanSpark is a US-based company that operates large-scale data centres primarily to mine Bitcoin, turning electricity into digital assets.

$13.76

Is CleanSpark, Inc. a good stock for a UK beginner?

The honest version: CleanSpark is a US-based company that operates large-scale data centres primarily to mine Bitcoin, turning electricity into digital assets.

No rating · no target price · nothing for sale here
Price-8.8%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+13% past year
$13.76
Low $8.00High $23.61
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into CleanSpark, Inc.
$912-9%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$3.53B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
23.03M
Day range: The lowest and highest price the shares traded at during the latest day.
$13.55 – $15.11
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$8.00 – $23.61
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
3.84
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 3.84
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -3% past week · ▲ +13% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

The company becomes a dominant, low-cost leader in the mining industry.

The bear case

Technological obsolescence or a long-term decline in Bitcoin's relevance.

What does CleanSpark, Inc. do?

CleanSpark runs massive warehouses filled with specialised computers that solve complex mathematical puzzles to secure the Bitcoin network, earning them rewards in the process. Profits come from selling the Bitcoin it mines, tying its success closely to the price of the cryptocurrency and the cost of the electricity it consumes. Their balance of expansion plans against the volatile swings in Bitcoin's market value is worth following.

VQGMI
Factor profile

On our factor screen it looks strongest on value and momentum, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 68Quality: How profitable and financially healthy the company is (higher = stronger). 20Growth: How fast revenue and earnings are growing (higher = faster). 1Momentum: How the share price has been trending recently (higher = stronger recent run). 44Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • High gross margins show efficient core operations
  • Direct exposure to the growth of the Bitcoin network
  • Significant scale in a specialised industry
What to watch
  • Quality screens low (20/100)
  • Growth screens low (1/100)
  • Income screens low (16/100)
  • Extreme price volatility linked to cryptocurrency markets
  • High sensitivity to electricity price hikes

What do CleanSpark, Inc.'s numbers mean?

P/S
4.9
This compares the company's total market value to its yearly sales, showing how much investors are paying for every pound of revenue generated.
Gross margin
50.7%
This shows that for every pound earned, over half remains after paying the direct costs of running the mining equipment, like electricity.
Beta
3.8
A beta this high suggests the share price tends to swing much more wildly than the wider stock market, reflecting its high-risk nature.
Net margin
-67.7%
This negative figure indicates that the company is currently spending more on overall operations and overheads than it is bringing in as profit.

How much money does CleanSpark, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$64.35M$128.69M$193.04M$257.39MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
50.7%
Net margin
-67.7%
Return on equity
-34.8%

Does CleanSpark, Inc. pay a dividend?

No - CleanSpark, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

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What are the scenarios for CleanSpark, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$23$14$7today · $14▲ Bull · $17• Base · $14▼ Bear · $10in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +30%A sharp rise in the price of Bitcoin boosts mining profitability.
Base
-5% to +5%Bitcoin prices remain steady with no major operational changes.
Bear
-20% to -40%A significant drop in Bitcoin value makes mining less profitable.

What are the pros and cons of CleanSpark, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • High gross margins show efficient core operations
  • Direct exposure to the growth of the Bitcoin network
  • Significant scale in a specialised industry
The catch3
  • Currently not profitable on a net basis
  • Revenue has seen a recent decline
  • No dividend payments for shareholders
Key risks3
  • Extreme price volatility linked to cryptocurrency markets
  • High sensitivity to electricity price hikes
  • Regulatory uncertainty regarding digital asset mining
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.