2029 earnings projection
Company: CleanSpark
The claim, verbatim
CleanSpark projects US$98.0 million earnings by 2029, representing approximately US$1.1 billion improvement from current loss position
Source (primary)
Data Center Bond Raise Could Be A Game Changer For CleanSpark (CLSK) - simplywall.st (-, news_article)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “CleanSpark's narrative projects US$857.1 million revenue and US$98.0 million earnings by 2029, assuming 8.1% yearly revenue growth and an earnings improvement of about US$1.1 billion from a loss of US$1.0 billion today”
How we checked this
Checked on September 27, 2026. The cited source supports part of this claim, but not all of it.
The earnings figure and the implied improvement from the current loss appear in the article. They are presented as Simply Wall St's narrative based on analyst forecasts, not as company guidance.
Confirmed in the source:
- A projection of US$98.0 million in CleanSpark earnings by 2029 exists
- That projection implies an earnings improvement of about US$1.1 billion
- CleanSpark currently has a loss of about US$1.0 billion
We could not confirm this from the cited source:
- That CleanSpark itself (the company) made this earnings projection
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-clsk/cleanspark/news/data-center-bond-raise-could-be-a-game-changer-for-cleanspar/amp) in full (7,994 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Data Center Bond Raise Could Be A Game Changer For CleanSpark (CLSK) - simplywall.st
Quote: “CleanSpark's narrative projects US$857.1 million revenue and US$98.0 million earnings by 2029, assuming 8.1% yearly revenue growth and an earnings improvement of about US$1.1 billion from a loss of US$1.0 billion today”