BUZZ-Bitcoin miner CleanSpark falls after H.C. Wainwright cuts PT

Reuters

11/26

BUZZ-Bitcoin miner <a href="https://laohu8.com/S/CLSK">CleanSpark</a> falls after H.C. Wainwright cuts PT

** Shares of bitcoin miner CleanSpark CLSK.O fall 2% to $11.58 premarket

** H.C. Wainwright cuts PT on CLSK to $27 from $30, trims FY26 revenue estimate

** Cites slower ramp in CLSK's hash rate and lower average BTC prices for the year than forecast

** Hash rate refers to the computational power used to solve crypto puzzles; slower ramp reduces company's ability to solve the blocks faster

** Brokerage reiterates "buy" rating

** Twelve of 13 brokerages rate the stock "buy" or higher and one "hold"; median PT is $25 - data compiled by LSEG

** Shares up 28.34% YTD, up to last close

(Reporting by Utkarsh Tushar Hathi)

((utkarshtushar.hathi@thomsonreuters.com))

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Wainwright cuts PT\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-11-26 20:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Bitcoin miner <a href=\"https://laohu8.com/S/CLSK\">CleanSpark</a> falls after H.C. Wainwright cuts PT</title></head><body><p>** Shares of bitcoin miner CleanSpark <span>CLSK.O</span> fall 2% to $11.58 premarket</p><p>** H.C. 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Wainwright cuts PT on CLSK to $27 from $30, trims FY26 revenue estimate** Cites slower ramp in CLSK's hash rate and lower average BTC prices for the year than forecast ** Hash rate refers to the computational power used to solve crypto puzzles; slower ramp reduces company's ability to solve the blocks faster** Brokerage reiterates \"buy\" rating** Twelve of 13 brokerages rate the stock \"buy\" or higher and one \"hold\"; median PT is $25 - data compiled by LSEG** Shares up 28.34% YTD, up to last close(Reporting by Utkarsh Tushar Hathi)((utkarshtushar.hathi@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}