- CLSK+20Positive
The Block (@TheBlockCo)
THE BLOCK: BitFuFu broke from the pack in August, boosting bitcoin production 55% to 174 BTC, while CleanSpark edged up to 593 BTC and Canaan slipped again to 44 BTC.
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THE BLOCK: BitFuFu broke from the pack in August, boosting bitcoin production 55% to 174 BTC, while CleanSpark edged up to 593 BTC and Canaan slipped again to 44 BTC.
THE BLOCK: Bitcoin production slipped again in July for CleanSpark, BitFuFu and Canaan, falling about 5%, 10% and 28% from June, respectively. $CLSK $FUFU $CAN The price of bitcoin recovered during the month, climbing from around $58,500 at the start of July to nearly $63,000 by month-end.
LATEST: CleanSpark ($CLSK) recently signed its first AI data center contract, and Clear Street's Brian Dobson says the Bitcoin miner-to-HPC pivot "is nowhere close to being over." $CORZ, $HUT, and $WULF have already inked deals. Now the question is execution.
Crypto stocks posted some of the strongest gains on Wall Street on July 27, 2026, even as the broader market finished mixed and AI infrastructure shares came under pressure. The Dow rose 0.51 percent to 52,210.08, the S&P 500 edged up 0.02 percent to 7,413.18, and the Nasdaq slipped roughly 0.2 percent. Capital rotated out of chipmakers and data-center names into crypto equities, while bitcoin miners lagged. Bitmine Immersion climbed more than 11 percent after buying nearly 10,000 ether tokens worth about 19.4 million dollars, lifting its holdings to roughly 5.79 million tokens and total crypto-plus-cash assets to around 11.8 billion dollars. Strategy gained about 7 percent after adding to its cash reserves for a fifth straight week, reaching approximately 3.75 billion dollars while holding its bitcoin position steady at 843,775 coins. Coinbase, BitGo and Figure Technology each advanced 4 to 6 percent, and Circle rose 2 percent on its acquisition of IBM’s blockchain patent portfolio of nearly 1,000 patents. Bitcoin mining stocks moved lower. Cipher Mining fell about 8 percent, Core Scientific dropped 9 percent, Hut 8 declined roughly 6 percent, and Riot, CleanSpark, MARA and TeraWulf each slipped 3 to 5 percent. Most public miners have expanded into high-performance computing and AI data centers, so investors now treat them more as digital-infrastructure plays than pure bitcoin producers, causing them to trade in tandem with the AI complex. Spot bitcoin remained little changed in the mid-64,000-dollar range, while ether held near 1,900 dollars. The rotation away from AI was fueled by concerns over circular financing and heavy capital needs, including reports that Nvidia is discussing a financial backstop of up to 250 billion dollars for OpenAI’s planned Ohio data-center lease. Nvidia shares fell nearly 5 percent, AMD more than 7 percent, and other chipmakers also sold off. Macro conditions supported the shift. The 10-year Treasury yield eased to about 4.64 percent. Crude oil prices plunged more than 9 percent after the United States and Iran paused strikes in their ongoing conflict, reducing supply-disruption fears and freeing risk capital. The Federal Reserve meets through July 29 with rates in the 3.50–3.75 percent range, while major technology earnings arrive this week. The session showed how quickly capital can reallocate when AI financing questions, geopolitical de-escalation and softer yields coincide. Crypto stocks captured the alternative-theme bid, while the hybrid nature of most bitcoin miners left them on the wrong side of the same trade.
THE BLOCK: CleanSpark signed a $6.6 billion, 20-year data center lease with an unnamed global tech company for its Sandersville, Georgia, campus. The tenant also secured exclusivity over CleanSpark's Texas portfolio of up to 885 MW. $CLSK jumped over 20% pre-market on Tuesday.
Global Crypto Mining News in January: Mining profitability under pressure. MARA transferred >2,125 BTC but held >52k BTC (second globally). Rigs like S19 XP+ Hyd neared shutdown; S21 at $69K–$74K. Bitmain cut S19/S21 prices to $3–$8/TH/s, expanded hosting bundles. North American pools fell to 35% share amid AI/HPC pivot. Bitdeer self-mined 636 BTC (Dec 2025, 55.2 EH/s); CleanSpark 7,746 BTC (2025); Bit Digital exited BTC for ETH/AI. Regional: Ethiopia seeks partners; Russia tightens illegal mining rules; Malaysia raids illegals; Turkmenistan legalizes mining/exchanges (Jan 1). Corporate treasuries net +260k BTC in 6 months, exceeding new supply. Read more https://wublock.substack.com/p/global-crypto-mining-news-in-january?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true
JPMorgan upgrades Cipher and CleanSpark, trims MARA and Riot targets in bitcoin miner reset https://www.theblock.co/post/380175/jpmorgan-upgrades-cipher-cleanspark-trims-marathon-riot-targets-bitcoin-miner-reset?utm_source=twitter&utm_medium=social
According to CryptoSlate, 70% of the world’s top 10 Bitcoin miners now rely on AI revenue to endure the bear market. Seven major firms — including Marathon, CleanSpark, Iris Energy, TeraWulf, and Core Scientific — have launched or profit from AI/HPC operations, while the remaining three are planning to do so. AI hosting revenue now exceeds traditional mining, generating about 50% higher annual income per MW. https://t.co/NzvoTklok6
Bitcoin miners MARA and CleanSpark post higher Q1 revenues, but both lose money theblock.co/post/353730/bi…
For the major listed Bitcoin miners, we award $CLSK the gold medal for the largest market share gain in terms of production Market share percentage change 1. CLSK 🥇 7.3% gain 2. RIOT 🥈 5.2% gain 3. IREN 🥉 5.0% gain farside.co.uk/miners/
.@jpmorgan estimates the $BTC mining opportunity at about $74 billion at current prices, in a report reducing its price targets for $CLSK, $IREN, $MARA and $RIOT. trib.al/zWQgWVP
.@jpmorgan estimates the $BTC mining opportunity at about $74 billion at current prices, in a report reducing its price targets for $CLSK, $IREN, $MARA and $RIOT. @willcanny99 reports trib.al/KHCbpDm
.@BernsteinBuzz says $BTC miners have significant upside from the power portfolios they control, and $RIOT, $CLSK and $IREN are best positioned to grow market share in bitcoin production. @willcanny99 reports. @BernsteinGautam trib.al/AgXk6GX
Bitcoin miner @CleanSpark_Inc to buy peer GRIID Infrastructure as #bitcoin mining M&A continues. $GRDI stock plunged more than 50% after the deal announcement. $CLSK by @Aoyon_A trib.al/zTlsE68
.@BernsteinBuzz says investors should buy mining stocks $RIOT and $CLSK ahead of the $BTC halving. trib.al/Iknf7FO
Goldman Sachs said $BTC's previous post-halving bull runs were probably also fueled by macroeconomic factors while Bernstein recommends buying bitcoin miners $RIOT and $CLSK before the halving. @LedesmaLyllah and @godbole17 report in First Mover Americas. trib.al/UmWxFYH
.@BernsteinBuzz says investors should buy mining stocks $RIOT and $CLSK ahead of the $BTC halving. @willcanny99 reports. @BernsteinGautam trib.al/k71dVYI
.@BernsteinBuzz raised its year-end $BTC forecast to $90K from $80K in a report updating its estimates for mining stocks $CLSK, $RIOT and $MARA. trib.al/8xiKAjn
.@BernsteinBuzz raised its year-end $BTC forecast to $90K from $80K in a report updating its estimates for mining stocks $CLSK, $RIOT and $MARA. @willcanny99 reports. trib.al/gkXpmw2
.@BernsteinBuzz recommends buying its preferred $BTC mining stocks, $RIOT and $CLSK, ahead of the next bitcoin halving event. https://trib.al/8ta64iv
.@BernsteinBuzz recommends buying its preferred $BTC mining stocks, $RIOT and $CLSK, ahead of the next bitcoin halving event. @willcanny99 reports. @BernsteinGautam https://trib.al/MNyxsqr
Bernstein says the next two months will likely offer a good dip buying opportunity in the $BTC miners, and prefers $RIOT and $CLSK. https://trib.al/jHUgiYE
#Bitcoin miners enjoy windfall profits as transaction fees spike to the highest since April 2021 due to rising Ordinals inscriptions, driving bitcoin mining stocks $MARA $RIOT $CLSK to outperform $BTC price. @sndr_krisztian reports https://trib.al/63LZ9an
.@jpmorgan has cut its rating on $BTC miner $CLSK to neutral after the recent share rally, while upgrading $RIOT to neutral. @willcanny99 reports. https://trib.al/Jy6yTzZ
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