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Benzinga
Benzinga
Business
Lekha Gupta

CleanSpark's AI Bet Heats Up With Multibillion Colocation Deals On The Table

Cleanspark Clean CLSK Bitcoin Nasdaq HPC John Todaro Reginald L Smith JPMorgan
Cary,,North,Carolina,-,August,12,2025:,Cleanspark,Clean,Spark

CleanSpark, Inc. (NASDAQ:CLSK) stock rose Wednesday as the company’s latest quarterly update signaled a sharp strategic pivot toward high-demand AI infrastructure, even as near-term earnings lagged expectations.

The shift positions the miner-turned-infrastructure player for potentially transformative colocation deals that could reshape its revenue mix long before its Bitcoin-dependent operations fade.

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