Today: 21 May 2026
CleanSpark stock tumbles as bitcoin slips again, putting Feb. 5 earnings in focus
26 January 2026
1 min read

CleanSpark stock tumbles as bitcoin slips again, putting Feb. 5 earnings in focus

New York, Jan 26, 2026, 10:46 EST — Trading in regular session

  • CleanSpark dropped roughly 8.5% as bitcoin miners reacted to a broader slide in crypto prices
  • Bitcoin slipped roughly 1.3%, having earlier fallen to $86,126
  • Attention turns to the Fed’s January 28 decision, with CleanSpark’s earnings report due on February 5

CleanSpark shares dropped roughly 8.5% Monday morning, slipping to $12.55. The stock lagged behind a generally stronger U.S. market as crypto-related names faced renewed selling pressure.

Bitcoin dipped about 1.3% to around $87,382, having earlier fallen to $86,126. This kind of drop typically ripples fast through listed miners, whose earnings depend directly on the coin’s value.

Timing is crucial. With the Federal Reserve’s policy announcement due Wednesday, traders are adjusting risk exposure, fueling bigger moves in bitcoin and miners, which often act as a high-beta stand-in for the cryptocurrency.

Peers slipped as well. Marathon Digital dipped roughly 3.3%, while Riot Platforms shed around 2.9% in early trading.

Monday brought scant new updates from companies. Last week, Zacks Research downgraded CleanSpark from “hold” to a “strong sell,” according to MarketBeat. MarketBeat

Earlier this month, CleanSpark reported it mined 622 bitcoin in December, bringing its total treasury to 13,099 bitcoin by the end of 2025. The company also announced its operational hashrate hit 50 exahashes per second, reflecting its computing power dedicated to securing the bitcoin network.

The company is pushing its narrative beyond just bitcoin. On Jan. 14, it announced a deal to acquire up to 447 acres in Brazoria County, Texas, along with a transmission extension agreement. This sets the stage for a data center project demanding 300 megawatts, with room to scale up to 600 MW.

In the Jan. 6 update, Schultz noted that “active monetization strategies” are laying “a durable foundation” while pushing forward with AI infrastructure plans. CleanSpark Investor Relations

The Texas facility closure is slated for Q1 2026, but it hinges on approvals from utilities and property authorities, the company noted. Meanwhile, miners continue to grapple with daily risks from bitcoin price swings and increasing network difficulty, both of which put pressure on profit margins.

Investors are now eyeing Wednesday’s Fed decision and Chair Jerome Powell’s press conference closely, looking for clues on when rate cuts might come.

CleanSpark’s next major event is earnings, scheduled for Feb. 5 according to Nasdaq data. Investors will be watching closely for any updates on bitcoin holdings, hashrate, and progress on the AI data center initiative—especially if it’s starting to bring in signed customers.

Stock Market Today

  • Bitmine Immersion Technologies Uplists to NYSE, Holds 5M+ ETH as Ethereum Proxy, Launches MAVAN Staking
    May 21, 2026, 12:11 AM EDT. Bitmine Immersion Technologies (NYSE:BMNR) has become a major Ethereum proxy by accumulating over 5 million ETH, representing more than 4.3% of Ethereum's total supply. The company uplisted to the NYSE and introduced MAVAN, an institutional-grade Ethereum staking platform, shifting its focus beyond mining to include staking services. BMNR stock closed at $19.39, trading below analyst targets and experiencing recent price declines despite longer-term gains. Investors should watch Ethereum price trends, staking yields, and institutional adoption of MAVAN, while noting BMNR remains loss-making and has diluted shareholders.

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