CleanSpark's AI and HPC Ambitions: Navigating Revenue Decline with New Strategies

Thursday, Mar 19, 2026 4:37 pm ET1min read
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CleanSpark, Inc. (CLSK) has acquired a second Texas campus, adding 300 megawatts of ERCOT-approved capacity, increasing its contracted power capacity to 1.8 gigawatts. The company is diversifying its business, focusing on AI and HPC initiatives, and has produced 1,141 Bitcoin year to date. However, Q1 FY26 revenue missed expectations at $181.2 million, and the company posted a loss per share of $1.35. Despite this, CLSK has huge upside potential.

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