CleanSpark (CLSK)’s Bitcoin Mining Feeds AI Infrastructure Business

CleanSpark, Inc. (NASDAQ:CLSK) is among the best cryptocurrency stocks to buy right now. CleanSpark, Inc. (NASDAQ:CLSK) continues to build its Bitcoin treasury as it also develops its data center business.

CleanSpark Inc (NASDAQ:CLSK)’s Bitcoin Mining Feeds AI Infrastructure Business

On April 7, CleanSpark announced that it mined 658 Bitcoin during the month of March 2026. It produced an average of 21.24 Bitcoin each day during that month. In Q1 2026, the company produced a total of 1,799 Bitcoin. That brought its entire Bitcoin holding to 13,561 Bitcoin at the end of March.

CleanSpark is expanding beyond its flagship Bitcoin mining business into data center services. On March 5, the company announced that it had closed the acquisition of its second data center campus in Texas. It said the acquisition added 300 megawatts of power capacity, expanding its infrastructure portfolio and strengthening its position in the Texas power market. With the second site acquisition in Texas, CleanSpark’s contracted power capacity increased to 1.8 gigawatts. The company said it used 808 megawatts of its infrastructure capacity to support its Bitcoin mining operations.

During the release of CleanSpark’s December quarter results on February 5, CEO Matt Schultz explained how the company’s Bitcoin mining and data center operations feed each other. The Bitcoin mining business generates cash flow, and the company uses this cash flow to develop its infrastructure capacity.

As the infrastructure expands, the company can scale its Bitcoin operation. At the same time, the company can support more AI and cloud computing workloads and monetize its infrastructure over the long term.

CleanSpark, Inc. (NASDAQ:CLSK) is engaged in Bitcoin mining and a large-scale digital infrastructure business. The company develops and operates industrial-scale data centers to support both its own crypto mining activities and host AI and cloud computing workloads for clients. CleanSpark, based in Nevada, favors the use of clean energy in its operations.

While we acknowledge the risk and potential of CLSK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CLSK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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