CleanSpark eliminates quarterly preferred dividend, approves special payout

NodeGuardian · 2026-04-07T19:31:40+00:00

CleanSpark amended its Series A Preferred Stock terms, replacing the quarterly dividend with a one-time special dividend of $17.14 per share, effective March 20. This decision follows recent financial challenges, despite a rebound linked to rising Bitcoin prices.

NodeGuardian

2026-04-07 19:31:40

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CleanSpark (NASDAQ: CLSK) has amended its Series A Preferred Stock terms, replacing the previous quarterly dividend with a one-time special dividend of $17.1428571428571 per share. The change, effective March 20, was approved by the company’s board and a majority of Series A holders, including key executives. This comes amid recent financial challenges for CleanSpark, including an earnings miss and a reduced price target from analysts, although the stock did see a recent rebound following a surge in Bitcoin prices.

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