CleanSpark, Inc. Warrant
CleanSpark, Inc. operates as a bitcoin mining company in the Americas. The company owns, leases, and operates data centers and power assets. Its infrastructure supports Bitcoin, a digital commodity. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
CleanSpark, Inc. Warrant (CLSKW) - Net Assets
Latest net assets as of December 2025: $1.38 Billion USD
Based on the latest financial reports, CleanSpark, Inc. Warrant (CLSKW) has net assets worth $1.38 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.33 Billion) and total liabilities ($1.94 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.38 Billion |
| % of Total Assets | 41.56% |
| Annual Growth Rate | N/A |
| 5-Year Change | 611.49% |
| 10-Year Change | 6559.48% |
| Growth Volatility | 1249.96 |
CleanSpark, Inc. Warrant - Net Assets Trend (2010–2025)
This chart illustrates how CleanSpark, Inc. Warrant's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CleanSpark, Inc. Warrant (2010–2025)
The table below shows the annual net assets of CleanSpark, Inc. Warrant from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $2.18 Billion | +23.53% |
| 2024-09-30 | $1.76 Billion | +160.01% |
| 2023-09-30 | $677.23 Million | +67.63% |
| 2022-09-30 | $404.01 Million | +32.15% |
| 2021-09-30 | $305.72 Million | +1761.13% |
| 2020-09-30 | $16.43 Million | -13.02% |
| 2019-09-30 | $18.89 Million | +17.62% |
| 2018-09-30 | $16.06 Million | -21.07% |
| 2017-09-30 | $20.34 Million | -37.72% |
| 2016-09-30 | $32.66 Million | +4186.60% |
| 2015-09-30 | $761.96K | +7.58% |
| 2014-09-30 | $708.27K | +772.63% |
| 2013-09-30 | $-105.30K | -31.21% |
| 2012-09-30 | $-80.25K | -21.73% |
| 2011-09-30 | $-65.93K | -55.15% |
| 2010-09-30 | $-42.49K | -- |
Equity Component Analysis
This analysis shows how different components contribute to CleanSpark, Inc. Warrant's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 12566881900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $296.00K | 0.01% |
| Other Components | $2.30 Billion | 105.77% |
| Total Equity | $2.18 Billion | 100.00% |
CleanSpark, Inc. Warrant Competitors by Market Cap
The table below lists competitors of CleanSpark, Inc. Warrant ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akebono Brake Industry Co. Ltd
PINK:AKBIF
|
$73.29 Million |
|
Companhia Energética de Brasília - CEB
SA:CEBR3
|
$73.31 Million |
|
Metalfrio Solutions S.A
SA:FRIO3
|
$73.32 Million |
|
Chien Shing Harbour Service Co Ltd
TW:8367
|
$73.33 Million |
|
Chung Lien Transportation Co Ltd
TWO:5604
|
$73.28 Million |
|
King Core Electronics Inc
TW:6155
|
$73.23 Million |
|
enGene Holdings Inc. Warrants
NASDAQ:ENGNW
|
$73.21 Million |
|
Mogan Enerji Yatırım Holding As
IS:MOGAN
|
$73.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CleanSpark, Inc. Warrant's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,760,841,000 to 2,175,127,000, a change of 414,286,000 (23.5%).
- Net income of 364,464,000 contributed positively to equity growth.
- Dividend payments of 10,744,000 reduced retained earnings.
- Share repurchases of 145,000,000 reduced equity.
- New share issuances of 186,808,000 increased equity.
- Other comprehensive income decreased equity by 418,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $364.46 Million | +16.76% |
| Dividends Paid | $10.74 Million | -0.49% |
| Share Repurchases | $145.00 Million | -6.67% |
| Share Issuances | $186.81 Million | +8.59% |
| Other Comprehensive Income | $-418.00K | -0.02% |
| Other Changes | $19.18 Million | +0.88% |
| Total Change | $- | 23.53% |
Book Value vs Market Value Analysis
This analysis compares CleanSpark, Inc. Warrant's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-09-30 | $-0.10 | $0.30 | x |
| 2009-09-30 | $-0.11 | $0.30 | x |
| 2010-09-30 | $-0.15 | $0.30 | x |
| 2011-09-30 | $-0.23 | $0.30 | x |
| 2012-09-30 | $-0.28 | $0.30 | x |
| 2013-09-30 | $-0.37 | $0.30 | x |
| 2014-09-30 | $0.66 | $0.30 | x |
| 2015-09-30 | $0.40 | $0.30 | x |
| 2016-09-30 | $14.50 | $0.30 | x |
| 2017-09-30 | $6.32 | $0.30 | x |
| 2018-09-30 | $4.65 | $0.30 | x |
| 2019-09-30 | $4.52 | $0.30 | x |
| 2020-09-30 | $1.72 | $0.30 | x |
| 2021-09-30 | $10.38 | $0.30 | x |
| 2022-09-30 | $9.48 | $0.30 | x |
| 2023-09-30 | $6.59 | $0.30 | x |
| 2024-09-30 | $8.12 | $0.30 | x |
| 2025-09-30 | $6.85 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CleanSpark, Inc. Warrant utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.56%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.46x
- Recent ROE (16.76%) is above the historical average (-63.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-20.96K |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-28.15K |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $-14.60K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.21K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.72K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-21.24K |
| 2014 | -6.37% | -1766.93% | 0.00x | 1.08x | $-115.97K |
| 2015 | -457.37% | 0.00% | 0.00x | 1.07x | $-3.56 Million |
| 2016 | -7.78% | -3097.08% | 0.00x | 1.01x | $-5.81 Million |
| 2017 | -66.36% | -3013.42% | 0.02x | 1.02x | $-15.53 Million |
| 2018 | -292.76% | -8123.60% | 0.03x | 1.09x | $-48.61 Million |
| 2019 | -138.29% | -576.15% | 0.19x | 1.24x | $-28.01 Million |
| 2020 | -142.13% | -232.78% | 0.45x | 1.36x | $-24.99 Million |
| 2021 | -7.13% | -55.52% | 0.12x | 1.04x | $-52.38 Million |
| 2022 | -14.19% | -43.59% | 0.29x | 1.12x | $-97.73 Million |
| 2023 | -20.40% | -82.03% | 0.22x | 1.12x | $-205.87 Million |
| 2024 | -8.28% | -38.47% | 0.19x | 1.11x | $-321.86 Million |
| 2025 | 16.76% | 47.56% | 0.24x | 1.46x | $146.95 Million |
Industry Comparison
This section compares CleanSpark, Inc. Warrant's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CleanSpark, Inc. Warrant (CLSKW) | $1.38 Billion | 0.00% | 1.41x | $73.28 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |