$CLSK

CleanSpark (CLSK) fell 6% to $11.84, while MARA Holdings (MARA) was flat at $11.14, despite Bitcoin (BTC) rising 7% to $77,740.82. Investors are reassessing the miner-to-AI-landlord pivot, with CleanSpark's mining revenue down 30% and EBITDA deeply negative. Riot Platforms (RIOT) saw initial gains from a $9.1B AI deal fade. The CoinShares Valkyrie Bitcoin Miners ETF (WGMI) dropped 3%.

CleanSpark (CLSK) announced a $6.6B AI lease, 214% of its $3.08B market cap, but shares fell 4.9% despite Bitcoin's 7.3% rise. Revenue from the lease starts in late 2027, with 13 analysts setting an average target of $23.81. The company reported a Q3 loss of $239.8M and has $1.8B in long-term debt.

CleanSpark (CLSK) fell 6% despite a 7% Bitcoin rally, while MARA remained flat. Investors are reassessing miners' pivot to AI landlord roles. CleanSpark's mining revenue dropped 30%, and EBITDA turned negative. Riot Platforms' $9.1B AI deal initially boosted shares but gains faded. The CoinShares Valkyrie Bitcoin Miners ETF (WGMI) fell 3% on the day.

Riot Platforms (RIOT) signed a $9.1B, 20-year computing deal with Anthropic, leasing 191MW of power. The deal could reach $16.1B with extensions. CleanSpark (CLSK) also signed a $6.6B, 20-year lease. Both companies are shifting from bitcoin mining to AI data center leasing. RIOT's Q2 revenue beat expectations at $174.2M, while CLSK's Q3 revenue fell 30.5% YoY to $138M, with a net loss of $239.8M.

CleanSpark Inc (CLSK) shares rose 3.51% to $12.08 on Thursday, continuing a rally linked to Bitcoin's price increase. The crypto market gained momentum following the U.S. Treasury's decision to scale up bond-buyback operations, reducing long-term yields and weakening the dollar. CleanSpark's stock remains sensitive to Bitcoin's price due to its substantial Bitcoin holdings of $814.9 million as of June 30, 2026, despite shifting its business focus toward AI infrastructure.

CleanSpark (CLSK) stock rose 3.9% to $12.13 as Bitcoin (BTC) hit $72k, driven by Treasury bond buybacks and positive analyst ratings. Clear Street reaffirmed its Buy rating, and multiple firms maintain high price targets following a $6.6B data center lease. Peer miners like Marathon Digital (MARA) and Riot Platforms (RIOT) may also benefit from Bitcoin's rally.

Bitcoin treasury stocks like MSTR, MARA, and ASST surged over 12% as BTC price rose 10% to $72,000. Companies with large Bitcoin holdings saw shares climb, with MSTR up 12.68% and MARA up 7.70%. Other crypto-linked equities, including COIN and RIOT, also gained. The rally was driven by Bitcoin's price increase and regulatory clarity.

Bitcoin surged 11.36% to $71,775, boosting four crypto-related stocks. Despite the rally, most stocks show 'Strong Sell' signals on weekly charts, and Bitcoin's daily RSI is overbought at 77.9. CleanSpark is the only profitable company among the four, while others report losses. Analysts project varied upside potential, with CleanSpark at 105.7% and Canaan at 28.7%.

CleanSpark said it signed a $6.6 billion, 20-year lease with an unnamed tech company to use its Sandersville, Georgia campus for data center operations. In July, CleanSpark produced 586 BTC (down ~5% from June). BitFuFu fell to 112 BTC (down ~10%) and Canaan to 46 BTC (down ~28%).

CleanSpark, BitFuFu, and Canaan reported lower bitcoin production in July for a second straight month. CleanSpark mined 586 BTC (down ~5% from 614). BitFuFu produced 112 BTC (down ~10% from 125) and Canaan 46 BTC (down ~28% from 64). The article links declines to hashrate changes and July BTC price recovery, and notes differing stock YTD performance.