CleanSpark (CLSK) Kicks Off 2026 With Double-Digit Gains

We recently published 10 Stocks Powering Into 2026 With Explosive Gains. CleanSpark, Inc. (NASDAQ:CLSK) is one of the top performers on Friday.

CleanSpark snapped a six-day losing streak on Friday, jumping 14.13 percent to close at $11.55 apiece as investors took heart from higher Bitcoin prices while repositioning portfolios ahead of its mining report for the December and full-year 2025 periods.

After the US markets officially closed the trading week, investor funds shifted to Bitcoin, supporting the latter’s claw back to the $90,000 level before trimming gains to trade back to the $89,000 as of writing (5PM EST). The rally spilled over to Bitcoin mining firms such as CleanSpark Inc. (NASDAQ:CLSK), MARA Holdings Inc., Hut 8 Corp., American Bitcoin Corp., Bitdeer Technologies, and Bitfarms, among others.

Bitcoin and ethereum coins

Photo from Pexels

In other news, CleanSpark Inc. (NASDAQ:CLSK) is set to announce the results of its December and full-year Bitcoin mining update on Monday, January 5.

In November alone, CleanSpark Inc. (NASDAQ:CLSK) said that it was able to mine 587 Bitcoins, bringing its total ownership to 13,054 units as of the said period.

It also sold 565.41 units at an average price of $91,979 for a total earnings of $52 million.

CleanSpark Inc. (NASDAQ:CLSK) is originally a Bitcoin mining firm, slowly transitioning to AI servicing through high-performance computing (HPC).

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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Disclosure: None. This article is originally published at Insider Monkey.