
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


CleanSpark Inc (CLSK)


- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)

(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/17/2025: CLSK (3-star) is a STRONG-BUY. BUY since 20 days. Simulated Profits (42.07%). Updated daily EoD!
1 Year Target Price $22.34
1 Year Target Price $22.34
5 | Strong Buy |
4 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 124.3% | Avg. Invested days 34 | Today’s Advisory Regular Buy |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() | ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.49B USD | Price to earnings Ratio 22.7 | 1Y Target Price 22.34 |
Price to earnings Ratio 22.7 | 1Y Target Price 22.34 | ||
Volume (30-day avg) 10 | Beta 3.89 | 52 Weeks Range 6.45 - 23.61 | Updated Date 10/18/2025 |
52 Weeks Range 6.45 - 23.61 | Updated Date 10/18/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.86 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 47.98% | Operating Margin (TTM) 124% |
Management Effectiveness
Return on Assets (TTM) 7.14% | Return on Equity (TTM) 17.09% |
Valuation
Trailing PE 22.7 | Forward PE 14.84 | Enterprise Value 4159916403 | Price to Sales(TTM) 8.68 |
Enterprise Value 4159916403 | Price to Sales(TTM) 8.68 | ||
Enterprise Value to Revenue 6.58 | Enterprise Value to EBITDA 6.64 | Shares Outstanding 281083382 | Shares Floating 272440068 |
Shares Outstanding 281083382 | Shares Floating 272440068 | ||
Percent Insiders 3.15 | Percent Institutions 64.08 |
Upturn AI SWOT
CleanSpark Inc

Company Overview
History and Background
CleanSpark Inc. was founded in 1987, initially focusing on energy efficiency. It pivoted to Bitcoin mining and energy solutions for Bitcoin mining operations, leveraging its energy technology background.
Core Business Areas
- Bitcoin Mining: CleanSpark focuses on Bitcoin mining using sustainable and efficient energy sources. They operate their own mining facilities and aim to be one of the most efficient miners globally.
- Energy Solutions: CleanSpark provides microgrid solutions and energy software for commercial, industrial, and residential customers. These solutions include design, engineering, installation, and maintenance services.
Leadership and Structure
Zachary Bradford serves as the CEO. The company operates with a typical corporate structure, including a board of directors and various departments such as operations, finance, and technology.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: CleanSpark mines Bitcoin, contributing to the Bitcoin network and receiving block rewards and transaction fees. Market share fluctuates with mining difficulty and hashrate. Competitors include Marathon Digital (MARA) and Riot Platforms (RIOT).
- Microgrid Solutions: CleanSpark designs and deploys microgrid solutions integrating renewable energy sources, energy storage, and smart controls. Market share is growing in the microgrid sector, competing with companies like Schneider Electric and Siemens.
Market Dynamics
Industry Overview
The Bitcoin mining industry is highly competitive, characterized by fluctuating cryptocurrency prices and increasing mining difficulty. The microgrid industry is expanding due to increasing demand for decentralized and resilient energy solutions.
Positioning
CleanSpark is positioned as an efficient and sustainable Bitcoin miner and a provider of integrated microgrid solutions. Its competitive advantage lies in its energy technology expertise and focus on sustainability.
Total Addressable Market (TAM)
The combined TAM for Bitcoin mining and microgrid solutions is estimated to be in the hundreds of billions USD. CleanSpark is positioning itself to capture a growing share of both markets.
Upturn SWOT Analysis
Strengths
- Efficient Bitcoin Mining Operations
- Energy Technology Expertise
- Strong Focus on Sustainability
- Vertically Integrated Business Model
- Experienced Management Team
Weaknesses
- Dependence on Bitcoin Price
- High Capital Expenditure Requirements
- Regulatory Uncertainty
- Competition in Both Bitcoin Mining and Microgrids
- History of losses
Opportunities
- Expansion of Bitcoin Mining Capacity
- Growth in Microgrid Market
- Partnerships with Renewable Energy Providers
- Adoption of Bitcoin by Institutional Investors
- Government Incentives for Renewable Energy
Threats
- Decreasing Bitcoin Price
- Increasing Mining Difficulty
- Regulatory Restrictions on Bitcoin Mining
- Cybersecurity Risks
- Energy Price Volatility
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- BITF
Competitive Landscape
CleanSpark faces intense competition in both Bitcoin mining and microgrids. Its competitive advantage lies in its efficient mining operations and integrated energy solutions.
Major Acquisitions
ATL Data Centers
- Year: 2022
- Acquisition Price (USD millions): 40.5
- Strategic Rationale: Increased Bitcoin mining capacity and secured low-cost power.
Growth Trajectory and Initiatives
Historical Growth: CleanSpark has experienced rapid growth in revenue and Bitcoin mining capacity in recent years.
Future Projections: Analysts project continued growth in revenue and Bitcoin production, driven by capacity expansion and increasing Bitcoin adoption.
Recent Initiatives: Recent initiatives include expanding mining facilities, investing in renewable energy sources, and developing new microgrid solutions.
Summary
CleanSpark is a company with a dual focus on Bitcoin mining and microgrid solutions. Its strengths lie in its efficient mining operations, energy expertise, and focus on sustainability. It is exposed to Bitcoin price volatility and intense competition, but its growth potential is strong with market expansion and strategic initiatives. Long term viability hinges on efficient capital allocation and maintaining a competitive cost structure.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, analyst reports, industry publications, press releases, public domain knowledge
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual due diligence and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About CleanSpark Inc
Exchange NASDAQ | Headquaters Henderson, NV, United States | ||
IPO Launch date 2016-01-29 | CEO & Chairman Mr. S. Matthew Schultz | ||
Sector Financial Services | Industry Capital Markets | Full time employees 256 | Website https://www.cleanspark.com |
Full time employees 256 | Website https://www.cleanspark.com |
CleanSpark, Inc. operates as a bitcoin mining company in the Americas. It owns and operates data centers. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.