CleanSpark, Inc. (NASDAQ:CLSK) saw a 12.5% jump as it tracked the Bitcoin rally to a new high. The firm’s fiscal Q3 report revealed $198.6 million in revenue, marking a 91% increase from the previous year. CleanSpark also reported net income of $257.4 million and holds 12,703 Bitcoin in treasury.
CEO Zach Bradford praised Q3 2025 as CleanSpark’s “most successful quarter” to date. The company achieved a record basic EPS of $0.90, reached 50 EH/s of operational hashrate in June, and grew its Bitcoin treasury to over $1 billion. CleanSpark operates data centers in several US locations.
CleanSpark, Inc. (NASDAQ:CLSK) operates subsidiaries like ATL Data Centers LLC and CleanBlok, Inc. While offering potential as an investment, some AI stocks may present greater upside and less risk. Investors looking for undervalued AI stocks should consider those poised to benefit from current economic trends.
Read more at Yahoo Finance: B. Riley Lifts PT on CleanSpark (CLSK) to $17 From $16, Keeps a Buy Rating