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.

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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.

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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.

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CleanSpark (CLSK) Just Reclaimed the 50-Day Moving Average

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Why Shares of Coinbase, Silvergate Capital, and CleanSpark Are Rising Today

Cleanspark Inc. (NASDAQ:CLSK) shares were trading higher Thursday after the company reported first-quarter earnings results. Earnings per share came in at 36 cents, missing the 37 cent per share analyst estimate.

Cleanspark Stock Is Heating Up This Week: What's Going On?

Quarterly revenue is up 17 times over just the past year, as mining revenue steals the spotlight.

Why CleanSpark Stock Spiked Higher Today

CleanSpark, Inc. (CLSK) CEO Zach Bradford on Q1 2022 Results - Earnings Call Transcript

CleanSpark (CLSK) delivered earnings and revenue surprises of 6.82% and 5.41%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CleanSpark (CLSK) Surpasses Q1 Earnings Estimates

CleanSpark Inc reported it made $14.5 million in net income during its first quarter of fiscal 2022.  Net income for the three months ended December 31, 2021, was $0.35 basic income per share compared to a loss of $7.2 million or $0.32 per share for the same prior-year period.

CleanSpark reports record 1Q fiscal 2022 financial results

Company Reports Record Revenues of $41.2 million, Significant Gross & Net Margin Expansion; Management to Communicate Revised Strategy & Long-Term Vision on Earnings Call Company Reports Record Revenues of $41.2 million, Significant Gross & Net Margin Expansion; Management to Communicate Revised Strategy & Long-Term Vision on Earnings Call

CleanSpark Reports Record First Quarter FY2022 Financial Results

LAS VEGAS, Feb. 02, 2022 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today announced it will release first quarter financial results February 9 after the U.S. market closes. The release will be followed by an investor conference call at 5:00 p.m. EST to discuss the results.

CleanSpark Announces Timing of First Quarter FY2022 Earnings Release

CleanSpark Inc (NASDAQ:CLSK) said that it has established a scholarship at Gwinnett Technical College for five students seeking an associate degree in the computer science program. The scholarships were granted as part of CleanSpark's commitment to partnering with the communities in which it operates.

CleanSpark establishes scholarship at Gwinnett Technical College as part of community commitment

CleanSpark is a top publicly traded crypto mining company in terms of hashrate CleanSpark is a top publicly traded crypto mining company in terms of hashrate

CleanSpark Achieves Major Milestone at 2 EH/s Hashrate

CleanSpark Inc (NASDAQ:CLSK)., a sustainable bitcoin mining and energy technology company, has released an unaudited Bitcoin production and operations update, saying that it held 633 of the cryptocurrency as of December 31, 2021.

CleanSpark says it closed December with 633 Bitcoins

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Why Cryptocurrency Miners Continue to Struggle This Week

CleanSpark's $23.6 million book value of BTC by Q4 2021 was attributed to 627 BTC held as of September 2021 valued at $37,645 per coin. The company's energy segment is yet to break even but is set for an improvement due to incentives such as tax rebates offered for renewable energy storage technology.

CleanSpark: Stock Dips On Flat Energy Revenues

CleanSpark Inc. (NASDAQ:CLSK) shares are trading lower amid overall market weakness as growing COVID-19 concerns and omicron variant uncertainty weigh on market sentiment. The stock was unable to hold one key level as support.

CleanSpark Continues To Fall: Can Support Be Found Soon?

Shares of several companies in the broader tech sector, including CleanSpark Inc (NASDAQ:CLSK), are trading lower amid overall market weakness as growing COVID concerns and omicron variant uncertainty weigh on market sentiment. CleanSpark shares were trading lower last week as investors weigh last Wednesday's Fed announcements and assess tapering outlook.

Why Bitcoin- And Ethereum-Related Stock CleanSpark Is Falling

On Thursday, CleanSpark Inc. (NASDAQ:CLSK) shares declined by more than 7%, erasing Wednesday's post-earnings gains. The stock fell sharply Wednesday morning before bouncing back later for a net session gain of about 3.22%.

CleanSpark stock forecast after plunging 7.5% on FY 2021 earnings miss

CleanSpark Inc (NASDAQ:CLSK) has announced the one-year anniversary of its Bitcoin mining operations, noting incremental growth in the number mined since the operations were launched.  The sustainable Bitcoin mining and energy technology company said it implements an ESG approach by sourcing regional energy mixes with strong renewable energy portfolios for its mining facilities in Norcross and College Park, Georgia.

CleanSpark marks its one-year anniversary of sustainable Bitcoin mining

It's not only the falling price of Bitcoin that's leading this cryptocurrency stock lower today.

Why Shares of CleanSpark Are Plunging Today

Cleanspark Inc (NASDAQ: CLSK) is trading lower Wednesday after the compay announced mixed fiscal fourth-quarter financial results. Cleanspark reported a quarterly earnings loss of 15 cents per share, which came in below the estimate for earnings of 7 cents per share.

Why Bitcoin Mining Stock Cleanspark Is Falling Today

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CleanSpark Names New Chief Financial Officer

CleanSpark, Inc. has reported results for the three and 12-month periods ended September 30, 2021, showing strong revenue growth and a big rise in working capital.

CleanSpark reports strong strong fourth-quarter and full-year revenue growth as its hash rate surges

CleanSpark, Inc. (CLSK) CEO Zach Bradford on Q4 2021 Results - Earnings Call Transcript

Twelve-month revenue increased nearly 400% to $49.4 million from one year ago period Twelve-month revenue increased nearly 400% to $49.4 million from one year ago period

CleanSpark Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Cleanspark (NASDAQ:CLSK) is set to give its latest quarterly earnings report on Tuesday, 2021-12-14. Here's what investors need to know before the announcement.

News for CleanSpark Stock (CLSK)