CLSK
CleanSpark Inc. Technology - Bitcoin Mining Investor Relations →
CleanSpark Inc. (CLSK) closed at $10.08 as of 2026-02-02, trading 13.5% above its 200-week moving average of $8.88. The stock is currently moving closer to the line, down from 33.3% last week. The 14-week RSI sits at 34, indicating neutral momentum.
Over the past 433 weeks of data, CLSK has crossed below its 200-week moving average 12 times. On average, these episodes lasted 26 weeks. The average one-year return after crossing below was -29.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $2.6 billion, CLSK is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 18.5%, a solid level. The stock trades at 1.3x book value.
Share count has increased 410.8% over three years, indicating dilution.
Over the past 8.4 years, a hypothetical investment of $100 in CLSK would have grown to $58, compared to $306 for the S&P 500. CLSK has returned -6.3% annualized vs 14.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: CLSK vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CLSK Crosses Below the Line?
Across 12 historical episodes, buying CLSK when it crossed below its 200-week moving average produced an average return of -21.8% after 12 months (median -11.0%), compared to +10.2% for the S&P 500 over the same periods. 45% of those episodes were profitable after one year. After 24 months, the average return was -44.1% vs +21.3% for the index.
Each line shows $100 invested at the moment CLSK crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CLSK has crossed below its 200-week MA 12 times with an average 1-year return of +-29.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2017 | Sep 2018 | 47 | 72.8% | -20.1% | -70.7% |
| Oct 2018 | Feb 2019 | 16 | 52.4% | -82.1% | -65.2% |
| Apr 2019 | Dec 2020 | 87 | 95.7% | -94.0% | -60.5% |
| Apr 2021 | Apr 2021 | 1 | 2.8% | -49.3% | -46.8% |
| May 2021 | Oct 2021 | 24 | 39.8% | -59.7% | -35.8% |
| Nov 2021 | Dec 2023 | 106 | 84.5% | -87.1% | -41.6% |
| Jan 2024 | Feb 2024 | 4 | 25.9% | +24.0% | +23.8% |
| Aug 2024 | Oct 2024 | 7 | 25.6% | -11.4% | -5.7% |
| Oct 2024 | Nov 2024 | 1 | 3.0% | +72.4% | -2.4% |
| Dec 2024 | Dec 2024 | 1 | 1.6% | +11.6% | +3.1% |
| Feb 2025 | May 2025 | 11 | 21.9% | N/A | +9.0% |
| May 2025 | Jun 2025 | 1 | 2.9% | N/A | +16.8% |
| Average | 26 | — | +-29.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02