HIVE Digital: A Re-Rating Waiting To Happen

Traders targeting heavily shorted stocks are looking to play one of two sides: betting on a company's downfall or hunting for a short squeeze.

As a pure-play bitcoin miner, CleanSpark's revenue and profitability are tightly linked to the price of the world's largest cryptocurrency. When bitcoin spikes, the value of each mined coin rises while many operating costs, like power and hosting, remain relatively fixed, expanding mining margins.

CleanSpark (CLSK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Baader Bank Aktiengesellschaft purchased a new stake in Cleanspark, Inc. (NASDAQ: CLSK) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 90,237 shares of the company's stock, valued at approximately $1,252,000. Several other institutional investors have also added to or

CleanSpark (CLSK) is transitioning from pure bitcoin mining to AI and HPC data center development, diversifying revenue streams and reducing earnings volatility. Despite recent earnings misses and negative EPS revisions, I maintain a Buy rating, supported by strong analyst forecasts and anticipated profitability in 2027. Industry-wide earnings cyclicality and recent bitcoin volatility have pressured CLSK, but its robust balance sheet and asset base support the transition strategy.

Cleanspark, Inc. (NASDAQ: CLSK - Get Free Report)'s share price gapped down before the market opened on Monday after Keefe, Bruyette and Woods lowered their price target on the stock from $18.00 to $14.00. The stock had previously closed at $10.08, but opened at $9.62. Keefe, Bruyette and Woods currently has an outperform rating on the

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CLSK's Q1 FY26 loss is wider than expected despite double-digit revenue growth, as the company accelerates its shift beyond bitcoin mining.

CleanSpark, Inc. (CLSK) Q1 2026 Earnings Call Transcript