CleanSpark

CleanSpark, Inc. is a Bitcoin mining and energy technology company, which engages in the provision of solutions to modern energy challenge and an advanced energy software and control technology. The company was founded by S. Matthew Schultz on October 15, 1987 and is headquartered in Henderson, NV.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

CleanSpark reports record bitcoin production but faces net loss

CleanSpark demonstrated strong bitcoin production growth but faced a net loss due to market conditions. The company's focus on proprietary mining, energy management, and efficiency positions it well for future growth. By exploring strategic expansion, technology adoption, and potential acquisitions, CleanSpark aims to enhance its competitive edge.

CleanSpark reports strong Q2 earnings, poised for growth and efficiency

CleanSpark's Q2 2023 earnings call showcased robust financial performance, operational advancements, and strategic positioning for growth in the cryptocurrency mining sector.
While facing challenges in sustaining growth momentum and managing operational complexities, the company's strong balance sheet and focus on efficiency offer a solid foundation.
Opportunities lie in expanding hash rate capacity, optimizing infrastructure, and leveraging financial strength for strategic initiatives and market diversification.
Overall, CleanSpark's performance, strengths, and proactive approach to challenges position them well to capitalize on opportunities and navigate the evolving cryptocurrency landscape.

CleanSpark excels in Q3 with strong revenue growth and Bitcoin strategy

CleanSpark's Q3 performance reflects strong revenue growth, improved margins, and enhanced EBITDA, driven by strategic Bitcoin management and operational efficiency.
The company's strengths lie in its financial stability, mining capacity expansion, and commitment to innovation through data center expansions and immersion cooling technology.
While facing challenges in risk management, efficiency optimization, and regulatory uncertainties, CleanSpark is well-positioned to leverage opportunities in market dynamics and technology advancements.

CleanSpark reports record revenue and efficiency gains, eyes strategic growth

CleanSpark's strong financial performance, strategic acquisitions, and focus on efficiency position them well for future growth and expansion.
Challenges lie in improving energy efficiency, executing expansion plans, and navigating potential mergers and acquisitions.
Opportunities abound in enhancing efficiency, exploring M&A for market value maximization, and expanding mining capacity to reach targets.

CleanSpark reports stellar Q1 results, eyes Bitcoin halving opportunities

CleanSpark delivered impressive financial performance, operational achievements, and strategic initiatives in Q1 2024, reflecting strong growth momentum
The company's strengths lie in its robust financial position, operational resilience, and technological capabilities, positioning it well for future success
While facing challenges such as post-halving price impact and market uncertainties, CleanSpark can leverage opportunities in Bitcoin adoption and mining industry growth for sustained growth

CleanSpark achieves record revenue and EBITDA, poised for growth

CleanSpark's Q2 2024 performance reflects robust growth in revenue and EBITDA, driven by bitcoin production and strategic initiatives. The company's strong financial position, expansion into Wyoming, and M&A strategy position it well for future growth and industry consolidation.

CleanSpark exceeds $100M revenue, strengthens mining capabilities with acquisitions

CleanSpark delivered strong financial performance in Q3 2024, surpassing $100 million in revenue and showcasing operational efficiency and market leadership.
While facing a net loss driven by non-cash items, the company's balance sheet remains robust, supported by a significant Bitcoin holding and strategic partnerships.
To sustain profitability, CleanSpark needs to address challenges related to the net loss and focus on optimizing operational costs and mining efficiency while capitalizing on growth opportunities.

CleanSpark reports stellar FY 2024 results, eyes sustainable Bitcoin growth

CleanSpark's fiscal year 2024 showcased remarkable financial performance, marked by substantial revenue growth and improved operational efficiency.
The company's strategic focus on Bitcoin mining and infrastructure expansion, coupled with a strong balance sheet, positions it for sustainable growth.
While challenges exist in balancing priorities and managing growth, CleanSpark's commitment to innovation and exploration of new opportunities presents a promising outlook.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CleanSpark, Inc. is a bitcoin mining technology company, which engages in the management of data centers. Its operations include College Park, Norcross, Washington, Sandersville, Dalton, and Massena. The company was founded by S. Matthew Schultz and Bryan Huber on October 15, 1987 and is headquartered in Henderson, NV.

The acquisition has already added 560 PH/s of low-carbon bitcoin mining to CleanSpark's hashrate, bringing its total hashrate to over 4.7 EH/s; The site is expected to bring an additional 1 EH/s by year-end; Total planned capacity is 230 MW or 7.0 EH/s The acquisition has already added 560 PH/s of low-carbon bitcoin mining to CleanSpark's hashrate, bringing its total hashrate to over 4.7 EH/s; The site is expected to bring an additional 1 EH/s by year-end; Total planned capacity is 230 MW or 7.0 EH/s

CleanSpark Completes Acquisition of Mawson's Sandersville Facility

Mawson Infrastructure Group

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced it has closed on the previously announced transaction with CleanSpark, Inc. (NASDAQ:CLSK) (“CleanSpark”), to sell its Sandersville, Georgia facility, and up to 6,468 ASIC's for up to a maximum total purchase price of approximately $40 million.1 The Sandersville, Georgia facility was Mawson's first site built from the ground up and was operating at appr

Mawson Infrastructure Group Inc. Announces Completion of the Previously Announced Sale of Its Sandersville, Georgia Facility and 6,468 ASIC's to CleanSpark, Inc. for up to Approximately $40 Million1

CleanSpark Inc (NASDAQ:CLSK) said it had increased its hashrate and grew its Bitcoin balance during the month of September. The Bitcoin mining firm mined 448 Bitcoin in September, up 13% from the previous month, and saw a hashrate of 4.16 exa has (EH) per second, up 21% from August 2022.

CleanSpark sees increases in hashrate and Bitcoin balance throughout September

Company tops 4.16 EH/s, up 21% from August 2022; mines 448 bitcoin for the month, a 132% YoY increase; HODL grows 13% to 594 bitcoins Company tops 4.16 EH/s, up 21% from August 2022; mines 448 bitcoin for the month, a 132% YoY increase; HODL grows 13% to 594 bitcoins

CleanSpark Releases September 2022 Bitcoin Mining Update

Of the eight largest, listed and producing Bitcoin miners, CleanSpark is the best value from a market cap to hash rate share perspective. CleanSpark is enabling growth in its total network hash rate share through recent power supply acquisitions in Georgia, including 230 MW of capacity in Sandersville.

Be Ready To Add CleanSpark When Fed Signals Pivot

CleanSpark Inc (NASDAQ:CLSK)'s bitcoin mining hashrate has climbed above 4 EH/s (quintillion hashes per second), the company announced.  Hasharate determines how much bitcoin a company mines.

CleanSpark ratchets up bitcoin mining hashrate 30% in less than a month

The Company's hashrate, the majority of which is drawn from low-carbon sources, has grown over 30% in less than a month; CleanSpark is on track to meet its 2022 year-end guidance of 5 EH/s The Company's hashrate, the majority of which is drawn from low-carbon sources, has grown over 30% in less than a month; CleanSpark is on track to meet its 2022 year-end guidance of 5 EH/s

CleanSpark Exceeds Hashrate Guidance with Over 4 EH/s of Low-Carbon Network Strength

How to understand the current Bitcoin environment and how it's changed from several years ago. Bitcoin is still in the early stages of adoption, and will remain volatile for the foreseeable future.

CleanSpark: The Current Bitcoin Environment And Company Updates

Executive team to discuss financial strengths and recent acquisitions at upcoming investor events Executive team to discuss financial strengths and recent acquisitions at upcoming investor events

CleanSpark Announces Participation at Upcoming Investor Conferences this September

Faraday Future Intelligent Electric

FuboTV

Opendoor

Penny stocks to watch with high short interest. The post These Short Squeeze Penny Stocks Are Exploding This Week, Time To Buy?

These Short Squeeze Penny Stocks Are Exploding This Week, Time To Buy?

ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced it has entered into definitive agreements with CleanSpark, Inc. (NASDAQ:CLSK) (“CleanSpark”) to sell its Sandersville, Georgia Bitcoin Mining Facility, and 6,468 ASIC Bitcoin Miners to CleanSpark for up to a maximum total purchase price of $42.5 million, subject to reaching certain earn-out commitments, with closing expected in early October. Mawson ha

Mawson Infrastructure Group Inc. to Sell Sandersville, Georgia Bitcoin Mining Facility Including 6468 ASIC Bitcoin Miners to CleanSpark, Inc. for up to $42.5 Million

CleanSpark Inc (NASDAQ:CLSK) has announced an agreement to acquire a turnkey bitcoin mining facility in Sandersville, Georgia from Mawson Infrastructure Group Inc (NASDAQ:MIGI, OTC:MIGI) for a total purchase price of up to $33 million. The sustainable bitcoin mining and energy technology company said the transaction is expected to add 1.4 exahashes per second (EH/s) to CleanSpark's hashrate before year-end, 2.4 EH/s in early 2023 and 7.0 EH/s by the end of 2023.

CleanSpark inks deal to acquire turnkey bitcoin mining facility in Georgia

The already operational site in Sandersville, Georgia, includes 80 MW of total capacity supporting 2.4 EH/s of bitcoin mining; Total planned capacity is 230 MW, expected to support 7.0 EH/s; Strategic acquisition serves to accelerate and consolidate CleanSpark's standing at the top of the bitcoin mining sector The already operational site in Sandersville, Georgia, includes 80 MW of total capacity supporting 2.4 EH/s of bitcoin mining; Total planned capacity is 230 MW, expected to support 7.0 EH/s; Strategic acquisition serves to accelerate and consolidate CleanSpark's standing at the top of the bitcoin mining sector

CleanSpark Announces Agreement with Mawson Infrastructure Group to Acquire Turnkey Bitcoin Mining Facility

CleanSpark Inc said it has entered into a purchase agreement with Cryptech Solutions for 10,000 new Bitmain Antminer S19j Pro units for a total price of $28 million, and expects to take delivery of the servers by late October or early November. CleanSpark said its sustainable growth strategy, coupled with the current cryptocurrency market conditions, enabled it to purchase the machines at a substantially discounted price compared to the spot market price earlier this year.

CleanSpark buys 10,000 more latest generation bitcoin mining machines; extends summer of acquisitions

The new Antminer S19j Pro units will expand the company's bitcoin mining capacity by 1 EH/s at a significantly discounted price; CleanSpark's hashrate currently exceeds 3.8 EH/s The new Antminer S19j Pro units will expand the company's bitcoin mining capacity by 1 EH/s at a significantly discounted price; CleanSpark's hashrate currently exceeds 3.8 EH/s

CleanSpark Buys 10,000 More Latest Generation Mining Machines, Extending Summer of Acquisitions

CleanSpark Inc (NASDAQ:CLSK) (CleanSpark Inc (NASDAQ:CLSK)) has released its unaudited bitcoin mining and operations update for the calendar year-to-date ending August 31, revealing that its hashrate has tripled over the past year.  In August, CleanSpark mined 395 Bitcoin, more than doubled what it mine in August 2021.

CleanSpark mines 395 Bitcoin in August as hashrate ramps up

Company's hashrate exceeds 3.4 EH/s, up 19 percent from July 2022; mines 395 bitcoin for the month Company's hashrate exceeds 3.4 EH/s, up 19 percent from July 2022; mines 395 bitcoin for the month

CleanSpark Releases August 2022 Bitcoin Mining Update

CleanSpark Inc (NASDAQ:CLSK) has announced that its bitcoin mining hashrate has exceeded three exahashes, tripling in less than a year. Hashrate, which is the computing power available for processing transactions and securing the bitcoin blockchain, is an important metric for evaluating bitcoin mining companies.

CleanSpark hashrate exceeds three exahashes following summer of acquisitions

Bear market strategies accelerated Company growth, tripling hashrate in less than a year Bear market strategies accelerated Company growth, tripling hashrate in less than a year

CleanSpark's Hashrate Exceeds 3 Exahashes Following Summer of Acquisitions

On the 19th of August, sustainable bitcoin mining firm CleanSpark (US:CLSK) announced to the market the purchase and completion of an active mining facility located in Washington, Georgia.

CleanSpark's (CLSK) Rally Fades Following The Completion of the 86MW Mining Facility in Georgia

Transaction closes ahead of schedule, paving way for energization of 3,400 on-site machines in coming days; additional 8,283 machines to arrive on site within the week Transaction closes ahead of schedule, paving way for energization of 3,400 on-site machines in coming days; additional 8,283 machines to arrive on site within the week

CleanSpark Completes Acquisition of Recently Announced 86MW Facility in Georgia

CleanSpark, Inc. (NASDAQ:CLSK ) Q3 2022 Earnings Conference Call August 9, 2022 4:30 PM ET Company Participants Isaac Holyoak - Chief Communications Officer Zach Bradford - Chief Executive Officer Gary Vecchiarelli - Chief Financial Officer Conference Call Participants Mike Colonnese - H.C. Wainwright & Co. Greg Lewis - BTIG Operator Good afternoon.

CleanSpark, Inc.'s (CLSK) CEO Zach Bradford on Q3 2022 Results - Earnings Call Transcript

CleanSpark (CLSK) delivered earnings and revenue surprises of -700% and 13.33%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

CleanSpark (CLSK) Reports Q3 Loss, Lags Revenue Estimates

CleanSpark Inc (NASDAQ:CLSK) announced that its third-quarter 2022 revenue surged 243% year-over-year to $31 million, as the company mined a record 964 Bitcoins and increased its Hashrate by 22% during the period. The sustainable bitcoin mining and energy technology firm also recorded positive Adjusted EBITDA of $15.2 million during the 3Q, which represents margins on revenue of 49%, compared with negative Adjusted EBITDA of $1.7 million a year ago.

CleanSpark sees its 3Q revenue soar 243% to $31M on Hashrate and Bitcoin mining boost

Third quarter revenue of $ 31.0 million, net GAAP loss of $(29.3) million and Adjusted EBITDA of $15.2 million; Mined 964 Bitcoin and Increased Hashrate by 22%; Increases 2023 Year-end Hashrate Guidance to 22.4 EH/s LAS VEGAS , Aug. 9, 2022 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three and nine months ended June 30, 2022. "CleanSpark continued to grow by mining a record number of bitcoin and substantially increasing our hashrate," said Zach Bradford, Chief Executive Officer.

News for CleanSpark Stock (CLSK)