IREN and CleanSpark Shares Slide After Earnings Misses and Bitcoin Flash Crash
Weak Q4 2025 results and a sudden bitcoin drop below $62,000 intensified selling across publicly listed miners [1].
Shares of IREN and CleanSpark sold off sharply during and after regular trading after both companies reported weak Q4 2025 earnings that coincided with a sudden bitcoin drop below $62,000, amplifying losses in the sector [1][2].
Both miners reported quarterly revenue below Wall Street expectations, and the market interpreted the results as confirmation of deteriorating profitability across industrial-scale mining, putting further pressure on mining equities; the wider crypto market fell about 9% on Thursday amid the rout [1][2][3].
Some bitcoin-related stocks showed signs of a rebound in pre-market trading as bitcoin prices recovered from the intraday plunge, according to market reports [4].
Earnings misses combined with volatile bitcoin prices produced sharp, sector-wide moves in public mining stocks, with losses during the trading day followed by at least short-term pre-market stabilization [1][2][4].
Anonymous signal used only for weekly cluster rankings. No public counters.
Share
Broadcast this coverage
Copy-ready links for the networks your audience checks first.
Support independent reporting
If this summary helped, a small tip helps keep ClusterWire running.
Privacy note: we log tip UI events (page + action, and article slug when applicable) to improve the feature. We don’t store IP address, user-agent, or wallet addresses in analytics. Tips are on-chain, so the sending address is public in the transaction.
Citations
Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.
- 1Mining Companies Break Down as Earnings Miss Meet Bitcoin Flash CrashETHNews• Feb 6, 2026
- 3Bitcoin miners IREN, CleanSpark shares plunge as earnings fall shortCointelegraph• Feb 6, 2026
- 4Weak earnings drag IREN, Amazon; bitcoin stocks rebound in pre-marketCoinDesk• Feb 6, 2026
Themes
Themes driving this story
Curated from the cluster of sources powering this article.