CleanSpark's Q1 Earnings and Bitcoin's Decline Lead to 19% Share Price Drop
ByAinvest
Saturday, Feb 7, 2026 4:54 am ET1min read
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CleanSpark's (CLSK) share price fell 19.13% to $8.27 as investors digested the company's Q1 FY26 earnings, which showed a net loss of $378.7 million, compared to a $241.6 million net income in the same period last year. Bitcoin mining revenues increased 11.6% to $181.18 million YoY. The company's strong balance sheet and land portfolio were highlighted by CEO Matt Schultz.
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