CleanSpark, Inc. (CLSK)
CleanSpark is a US-based company that operates large-scale data centres primarily to mine Bitcoin, turning electricity into digital assets.
Is CleanSpark, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: High gross margins show efficient core operations. Worth weighing: Currently not profitable on a net basis. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
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.
How much has CleanSpark, Inc. actually fallen?
Over the last 2 years of daily prices, CleanSpark, Inc. fell as much as −65% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
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.
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 company becomes a dominant, low-cost leader in the mining industry.
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.
On our factor screen it looks strongest on value and momentum, and weakest on growth.
- !Pays no dividend - the whole return rides on the share price
- !Revenue slipped about 25% over the year
- !Carries a lot of debt - roughly 1.8x its equity
- High gross margins show efficient core operations
- Direct exposure to the growth of the Bitcoin network
- Significant scale in a specialised industry
- Quality screens low (21/100)
- 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?
How much money does CleanSpark, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
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.
When does CleanSpark, Inc. report earnings, and how did recent quarters go?
CleanSpark, Inc. is next scheduled to report on about 2026-08-06 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-11 | $-0.23 | $-0.49 | Missed -115% |
| 2026-02-05 | $0.21 | $-1.32 | Missed -746% |
| 2025-11-25 | $0.54 | $0.16 | Missed -70% |
| 2025-08-07 | $0.07 | $0.79 | Beat +1028% |
| 2025-05-08 | $0.08 | $-0.48 | Missed -705% |
| 2025-02-06 | $-0.16 | $0.80 | Beat +600% |
Across the last 6 quarters here, CleanSpark, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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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.
What are the pros and cons of CleanSpark, Inc.?
How many points the write-up makes each way — a balance check, not a score or verdict.
- High gross margins show efficient core operations
- Direct exposure to the growth of the Bitcoin network
- Significant scale in a specialised industry
- Currently not profitable on a net basis
- Revenue has seen a recent decline
- No dividend payments for shareholders
- Extreme price volatility linked to cryptocurrency markets
- High sensitivity to electricity price hikes
- Regulatory uncertainty regarding digital asset mining
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained period of profitability
- A major shift in the company's business model away from mining
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 2026-08-02 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.