Wood Thomas Leigh, an insider at CleanSpark Inc (CLSK), executed a sale of 41,421 shares on December 22, 2025, at a price of $11.69 per share, totaling $484,000. Following this transaction, Leigh retains 41,421 shares in the company.
CleanSpark, a bitcoin mining technology company based in Henderson, Nevada, operates data centers across several states, including Georgia and Wyoming. The firm has a market capitalization of $2.9 billion and reported a P/E ratio of 9.56 with an EPS of 0.89 as of November 25, 2025.
This sale reflects a common practice among insiders, who may sell shares for various reasons such as diversification or personal financial needs. While significant insider selling can attract investor scrutiny, it does not inherently signal negative sentiment toward the company.
Insider transactions are reported to the SEC, providing transparency regarding executive stock activities. Investors are encouraged to consider patterns of insider trading over time and across multiple executives rather than focusing on isolated transactions. Upcoming earnings for CleanSpark are scheduled for August 5, 2026, with an expected EPS of -$0.02 and revenue of $237.5 million.