CleanSpark shares rise as bitcoin rebounds and mining stocks catch a bid

CleanSpark, Inc. (CLSK) is up 5.1% today. Here is some analysis on what might have caused this price movement.

Analysis: CleanSpark appears to be moving mostly in sympathy with bitcoin and the broader public bitcoin-miner group, which rose as crypto prices strengthened. Recent company-reported operating momentum (hashrate and production) may also be helping sentiment, but today’s move looks primarily macro/sector-driven rather than tied to a new CLSK-specific headline.

Details:

Bitcoin traded sharply higher intraday, a tailwind that often lifts miner equities because their revenues and treasury values are highly sensitive to BTC price moves.

Other large U.S.-listed miners also traded higher on the session, suggesting a group move rather than an isolated company catalyst.

Earlier this month, the company reported an unaudited March 2026 operational update that included 658 bitcoin produced and an operational hashrate reaching 50.0 EH/s.

Investors may also be positioning ahead of the company’s next expected earnings report in mid-May 2026, which can increase volatility for high-beta crypto-linked stocks.

Sources:

CleanSpark Investor Relations, MarketBeat, Zacks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CLSK Insider Trading Activity

$CLSK insiders have traded $CLSK stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $CLSK stock by insiders over the last 6 months:

THOMAS LEIGH WOOD sold 85,315 shares for an estimated $997,110
AMANDA CAVALERI sold 33,000 shares for an estimated $495,660

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

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$CLSK Hedge Fund Activity

We have seen 197 institutional investors add shares of $CLSK stock to their portfolio, and 166 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MAREX GROUP PLC added 5,377,976 shares (+23812.2%) to their portfolio in Q4 2025, for an estimated $54,425,117
DIMENSIONAL FUND ADVISORS LP added 3,467,841 shares (+80.4%) to their portfolio in Q4 2025, for an estimated $35,094,550
CITADEL ADVISORS LLC removed 3,380,329 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $34,208,929
RENAISSANCE TECHNOLOGIES LLC added 2,581,482 shares (+inf%) to their portfolio in Q4 2025, for an estimated $26,124,597
BERYL CAPITAL MANAGEMENT LLC removed 2,023,507 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $20,477,890
POINT72 ASSET MANAGEMENT, L.P. removed 1,955,212 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $19,786,745
SITUATIONAL AWARENESS LP added 1,640,400 shares (+inf%) to their portfolio in Q4 2025, for an estimated $16,600,847

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CLSK Analyst Ratings

Wall Street analysts have issued reports on $CLSK in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

HC Wainwright & Co. issued a "Buy" rating on 11/26/2025
Needham issued a "Buy" rating on 11/26/2025
Chardan Capital issued a "Buy" rating on 11/26/2025
B. Riley Securities issued a "Buy" rating on 11/26/2025
Macquarie issued a "Outperform" rating on 11/26/2025
JP Morgan issued a "Overweight" rating on 11/24/2025
Bernstein issued a "Outperform" rating on 11/03/2025

To track analyst ratings and price targets for $CLSK, check out Quiver Quantitative's $CLSK forecast page.

$CLSK Price Targets

Multiple analysts have issued price targets for $CLSK recently. We have seen 10 analysts offer price targets for $CLSK in the last 6 months, with a median target of $18.5.

Here are some recent targets:

Brett Knoblauch from Cantor Fitzgerald set a target price of $14.0 on 04/09/2026
James McIlree from Chardan Capital set a target price of $16.0 on 04/08/2026
Nick Giles from B. Riley Securities set a target price of $19.0 on 02/11/2026
Stephen Glagola from Keefe, Bruyette & Woods set a target price of $14.0 on 02/09/2026
John Todaro from Needham set a target price of $19.0 on 02/06/2026
Paul Golding from Macquarie set a target price of $18.0 on 02/06/2026
Matthew Galinko from Maxim Group set a target price of $22.0 on 01/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.