Should I Buy CleanSpark Stock in 2025? (PH Guide)

What is CleanSpark?

How much is CleanSpark stock?

The price of CleanSpark stock is rising this week. As of now, CleanSpark (CLSK) trades at $9.74 USD, showing a 24-hour gain of +$0.38 (+4.06%), but a weekly decline of -2.74%. The company holds a market capitalization of $2.73 billion, with an average 3-month trading volume of 26.68 million shares. With no current P/E ratio due to ongoing losses and no dividend yield, CleanSpark’s stock exhibits high volatility, reflected by a beta of 4.37. This elevated volatility highlights both potential rewards and significant risks for investors in the PH market.

Our full analysis on CleanSpark stock

After a comprehensive review of CleanSpark’s latest quarterly results, historical price performance, and extensive cross-analysis incorporating technical indicators, sector momentum, and peer comparisons, our algorithms highlight several compelling signals. The integration of recent fundamental and market data, combined with a robust evaluation of CleanSpark’s operational developments, underscores the stock’s evolving profile. So, why might CleanSpark stock once again become a strategic entry point into the digital asset infrastructure sector in 2025?

Recent Performance and Market Context

CleanSpark (NASDAQ: CLSK) currently trades at $9.74 as of May 27, 2025, having registered a robust intraday gain of +4.06%. While the stock experienced a sharp correction over the past twelve months (-44.90%) and remains down nearly 30% over six months, this retracement follows a surge which peaked at $20.64 and hit a multi-year low at $6.45. Rather than signaling terminal weakness, this volatility is typical of high beta assets closely tied to the broader Bitcoin and digital asset ecosystem.

• Secured $200 million revolving credit facility with Coinbase in April 2025, enhancing operational liquidity and flexibility.
• Significant strategic expansion, with the addition of 13,200 cutting-edge Bitcoin miners funded entirely through Bitcoin holdings, underscoring operational discipline and confidence in forward yield.
• Production momentum remains robust, with the company mining 1,957 Bitcoins in Q2 2025.
• Anchored in a bullish digital asset context, the ongoing regulatory clarification in the US and increasing institutional participation provide a favorable macroeconomic backdrop.

For Philippine investors, momentum in crypto mining assets abroad is increasingly relevant, as the region’s fintech adoption soars and digital remittance flows—often Bitcoin-linked—become a crucial economic conduit.

Technical Analysis

Despite recent weakness, CleanSpark’s technical profile currently exhibits multiple bullish undercurrents which may suggest a mid-term inflection.

• Relative Strength Index (RSI) has rebounded from deeply oversold territory (
• Moving Averages show price consolidation near the 50-day SMA ($10.16) and stabilizing above a key weekly support at $9.10, while the 200-day SMA remains within reach (~$11.60): a potential threshold for medium-term reversal.
• MACD (Moving Average Convergence Divergence) histogram displays a tentative bullish crossover, hinting at a return of positive momentum.
• Volume surge on recent up days—relative to the trailing three-month average of 26.68 million shares—confirms institutional activity at current levels.
• Structural support is firm at $6.45–$7.00, while resistance targets are $12.00 (analyst consensus floor), $18.67 (average target), and $20.64 (52-week high).

CleanSpark’s technical setup is thus conducive to both tactical (short-term) rebounds and accumulation ahead of potential upgrades or sector catalysts.

Fundamental Analysis

Beneath recent volatility, CleanSpark’s core business fundamentals remain exceptionally robust and offer considerable upside, especially against peer benchmarks in the Bitcoin mining universe.

• Revenue growth is striking: Q2 FY2025 revenue surged 62.5% YoY to $181.7M, outpacing sector averages. This is the direct outcome of CleanSpark’s aggressive fleet expansion and maximized efficiency.
• Scale and scalability: With a current hashrate of 42.4 EH/s and a clear trajectory to reach 50 EH/s by June 2025, CleanSpark will cement its leadership as “America’s Bitcoin Miner®”.
• Balance sheet resilience: The company maintains $97M in cash, $979.6M in Bitcoin holdings, and total assets of $2.7B, with shareholders’ equity at $1.9B—an unusually strong buffer for this segment.
• Net loss persists (-$138.8M in Q2), attributable to industry-wide challenges post-Bitcoin halving and capital-reinvestment cycles. However, CleanSpark’s efficient fleet (16.98J/Th) and ongoing infrastructure investments set a solid path toward improved EBITDA as mining economics normalize.
• Valuation: While no P/E is available due to negative EPS, the price-to-sales (P/S) metric appears attractive vis-à-vis the sector and CleanSpark trades at a substantial discount to its growth-adjusted targets, with analysts assigning a consensus price target ($18.67) that represents 92% upside from current levels.
• Brand and innovation: CleanSpark’s proprietary data centers, US-based self-mining model, and capital-light funding approach elevate it above competitors, many of whom rely on third-party sites or riskier leverage.

For investors prioritizing structural resilience and market share gains, CleanSpark stands out as a fundamentally transformative player in crypto infrastructure.

Volume and Liquidity

Trading liquidity in CleanSpark is both deep and dynamic:

• Average daily volume of 26.68M shares positions CLSK within the top echelon of liquid mid-caps, allowing efficient scaling for both retail and institutional accounts.
• 285M shares float supports an active, responsive market—ideal for efficient price discovery and minimized slippage.
• Sustained high volume during up-moves points to renewed confidence after the recent correction, as sophisticated capital appears to be accumulating ahead of anticipated fundamental progress.
• Beta of 4.37: While volatility amplifies both risk and reward, it is well-suited to investors seeking dynamic exposure in high-growth portfolios.

Catalysts and Positive Outlook

Looking forward, CleanSpark’s operational roadmap is dense with upside catalysts:

• Substantial hashrate expansion (targeting 50 EH/s by mid-2025) promises both immediate revenue uplift and a longer-term leadership position as the industry consolidates.
• Ongoing site build-outs in Tennessee and Wyoming extend CleanSpark’s geographic and infrastructural reach, promising improved economies of scale and energy security.
• Innovative funding models: The $200M credit facility with Coinbase, plus recent purchases of mining hardware using retained Bitcoin, demonstrate balance sheet agility—a critical differentiator in a capital-intensive sector.
• ESG initiatives: CleanSpark’s operational focus on energy efficiency (16.98 J/Th) positions it favorably as global standards for sustainable mining tighten, and as environmentally responsible crypto becomes a more important factor for asset allocators.
• Imminent earnings catalyst: With Q3 FY2025 results due in early August and major hashrate milestones imminent, the potential for revenue and operating leverage surprises is significant.
• Macro tailwinds: On the regulatory front, US policy clarity and the global institutionalization of Bitcoin (ETF approvals, treasury allocations) continue to benefit top-tier miners.

For Philippine readers, CleanSpark provides a credible, scalable proxy for the digital gold ecosystem—one that benefits from Western regulatory stability and operational transparency, while sidestepping many of the risks prevalent in less regulated regions.

Investment Strategies

CleanSpark’s current profile presents several compelling strategic perspectives:

• Short-term traders may find opportunity in the recent technical rebound from $7.00–$9.00 support zones, targeting analyst consensus levels ($12.00 and above) as the next logical resistance.
• Medium-term investors have a potential window ahead of Q3 FY2025 results and the June hashrate milestone, both of which could act as valuation re-rating triggers.
• Long-term holders who seek exposure to Bitcoin mining’s institutionalization, CleanSpark’s efficiency gains, and ESG leadership may see this post-correction phase as an ideal accumulation period. The CEO’s explicit focus on non-dilutive capital allocation and digital asset management further strengthens this thesis.
• Ideal technical positioning occurs when accumulation happens near structural lows ($7.00–$9.50), before earnings or post-announcement on any major operational upgrades.
• For PH-based investors using diversified global portfolios or thematic tech/crypto baskets, CleanSpark fits as a core tactical holding or thematic overweight.

Is it the Right Time to Buy CleanSpark?

In summary, several factors converge to reinforce CleanSpark’s attractiveness at current levels:

• Leading revenue growth, operational scale, and infrastructure expansion in a high-potential sector.
• Strong consensus from top-tier analysts, highlighting both near-term and medium-term upside.
• A technical structure turning supportive, supported by heavy trading volume and renewed institutional appetite.
• Multiple imminent catalysts, including earnings announcements, operational upgrades, and sectoral macro tailwinds.
• Continued innovation, capital efficiency, and strategic positioning in the evolving digital asset ecosystem.

While volatility remains inherent and cyclical risks cannot be ignored, CleanSpark appears to represent an excellent opportunity at this junction—whether as a tactical trade off recent lows, a medium-term play on sector normalization, or a long-term bet on the future of sustainable crypto infrastructure. The fundamentals justify renewed interest, and the stock may be entering a new bullish phase in the months ahead.

For investors seeking high-conviction exposure in the next chapter of digital asset infrastructure, CleanSpark’s current positioning offers the kind of asymmetric upside that increasingly characterizes the winners of the next tech cycle.

How to buy CleanSpark stock in the PH?

Buying CleanSpark (CLSK) shares online is a straightforward and secure process for investors in the Philippines. By registering with a regulated online broker, you can access global markets and invest in CleanSpark either by purchasing the shares directly (“spot buying”) or by trading Contracts for Difference (CFDs), which allow you to speculate on price movements with leverage. Both methods are widely used by retail investors worldwide and offer flexible ways to participate in the stock’s performance. Choosing the right broker is essential—see our comparison of regulated providers further down the page.

Spot Buying

When you buy CleanSpark shares for cash (“spot buying”), you become a direct shareholder in the company and may benefit from long-term stock price appreciation. The most common way for Philippine residents to spot-buy CLSK is via an international broker that provides access to US stocks. Typical fees include a fixed commission per order—often around $5 (about ₱290) per trade.

Important Example

Example:
If CleanSpark is trading at $9.74 per share, a $1,000 investment (about ₱58,000) minus a $5 fee lets you purchase approximately 102 shares ($995 ÷ $9.74 = 102 shares, rounded down).
✔️ If the share price rises by 10%, your holdings increase in value to $1,100.
Result: That’s a gross gain of $100, a +10% return on your original investment.

Trading via CFD

CFD trading allows you to speculate on CleanSpark’s price movements without owning the actual shares. With CFDs, you can open positions with leverage, which multiplies your potential gains or losses. Instead of a commission, you typically pay the “spread” (the difference between buying and selling prices), plus overnight financing fees if you hold the trade more than one day.

Important Example

Example:
You open a CFD position on CleanSpark with $1,000 and choose 5x leverage. This means your market exposure equals $5,000.
✔️ If the CLSK share price rises by 8%, your total gain is 8% × 5 = 40%.
Result: That’s a $400 profit on your initial $1,000, not accounting for spread or overnight fees.

Final Advice

Before investing in CleanSpark, it’s crucial to compare brokers’ fees, available instruments (shares vs. CFD), and platform quality—these factors directly affect your results. Some methods suit long-term investors, while others are better for active traders seeking short-term opportunities. Consider your objectives and risk tolerance carefully. To help you decide, check the detailed broker comparison further down this page, and remember—the right choice depends on your investment goals.

Our 7 tips for buying CleanSpark stock

The latest news about CleanSpark

CleanSpark reports robust revenue growth of 62.5% year-over-year for Q2 FY2025, reflecting operational momentum. Latest quarterly results published for the period ending March 31, 2025, show CleanSpark achieved $181.7 million in revenue, a sharp increase compared to the same quarter last year. This expansion, while accompanied by a net loss, demonstrates the company’s ability to scale revenue in a challenging market, a positive signal for Philippine investors interested in exposure to the bitcoin mining sector’s global growth dynamics.

Analyst consensus remains firmly bullish, with a strong buy rating and high price targets standing out. Six leading analysts have reiterated their “Strong Buy” rating on CleanSpark, setting an average 12-month price target of $18.67 per share—a potential upside of over 90% from current levels. Major investment firms such as H.C. Wainwright, Needham, and Chardan Capital have published price targets in recent weeks ranging from $19.50 to $25, underscoring broad institutional confidence in CleanSpark’s outlook. This strong backing can be an indicator of solid risk-adjusted return potential for investors in the Philippines through US equity markets.

CleanSpark’s operational expansion continues with a targeted hashrate of 50 EH/s by June 2025 and acquisition of new miners. The company recently acquired 13,200 additional Bitcoin miners in May 2025, boosting its installed capacity and underlining its drive for operational leadership. With a current fleet efficiency of 16.98 J/Th and over 42 EH/s of hashrate in April 2025, CleanSpark is on track to meet its ambitious targets. Efficient scaling not only improves competitiveness but also strengthens the company’s foundation for growth—particularly relevant for Philippine market interests related to green tech advancements and digital infrastructure.

CleanSpark secures major $200M revolving credit facility from Coinbase, bolstering financial resilience. In April 2025, CleanSpark announced a $200 million credit line arranged with Coinbase, providing additional non-dilutive liquidity and operational flexibility. This institutional financing enhances the company’s capacity to manage cash flow, fund expansion, and respond to market volatility. Philippine investors and analysts may recognize this as a constructive example of bitcoin mining firms securing robust partnerships with leading cryptocurrency and financial services platforms.

CleanSpark consolidates its position as a US-based, energy-efficient Bitcoin miner, emphasizing sustainable growth strategies. The company’s exclusive focus on US-based mining, control over proprietary infrastructure, and consistent investment in fleet efficiency cement its leadership as a public miner. With over 12,100 bitcoins on its balance sheet and expansion projects underway in Tennessee and Wyoming, CleanSpark is positioned as an institutional-quality partner for Asia-Pacific market players exploring digital asset and sustainability-focused investments. For the Philippines, where digital transformation and ESG (Environmental, Social, and Governance) considerations are gaining traction, CleanSpark’s growth story resonates with increasing interest in responsible, scalable crypto sector opportunities.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.