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.

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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.

SALT LAKE CITY, Oct. 9, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, today announced the closing of its previously announced underwritten public offering of 4,444,445 shares of common stock at a public offering price of $9.00 per share...

CleanSpark Announces Closing of $40.0 Million Underwritten Public Offering

The energy management company announced where it priced its common stock offering.

Why CleanSpark Is Down 15% Today

SALT LAKE CITY, Oct. 6, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, tonight announced the pricing of its previously announced underwritten public offering of 4,444,445 shares of common stock at a public offering price of $9.00 per...

CleanSpark Announces Pricing of $40.0 Million Underwritten Public Offering

SALT LAKE CITY, Oct. 6, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, today announced that it intends to offer and sell shares of its common stock in an underwritten registered public offering. The offering is subject to market and...

CleanSpark Announces Proposed Underwritten Public Offering of Common Stock

Earlier this year, California began experiencing rolling blackouts due in part to unstable energy supply and demand dynamics, as well as inadequate transmission. Benzinga chatted with Matthew Schultz, Chairman at CleanSpark Inc (NASDAQ: CLSK), a disruptive innovator working to create sustainable energy infrastructures.

How CleanSpark Technology Helps Store Solar Energy In Tesla Batteries

SALT LAKE CITY, Sept. 23, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("the Company") a diversified software and services company announced that it received a contract to provide intelligent switchgear upgrades and support for a US Embassy located on the African continent....

CleanSpark Awarded US Embassy Contract

Shares were due for a breather after a massive run-up.

Why CleanSpark Stock Fell on Tuesday

CleanSpark, Inc. (NASDAQ: CLSK) closed Monday on a positive note although the markets slumped.

How CleanSpark Survived Monday’s Market Carnage

SALT LAKE CITY, Sept. 21, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), "the Company", a diversified software and services company announced the commissioning of its software on a new solar plus storage microgrid project in Central America. CleanSpark is partnered with an energy...

CleanSpark Commissions Software on New Microgrid Featuring Tesla Batteries

SALT LAKE CITY, Sept. 10, 2020 /PRNewswire/ -- CleanSpark, Inc.

CleanSpark Announces Multi-Unit Switchgear Contract and Expansion into New Markets

SALT LAKE CITY, Aug. 31, 2020 /PRNewswire/ -- CleanSpark, Inc.

CleanSpark Completes Strategic Acquisition of GridFabric

Investors need to pay close attention to CleanSpark (CLSK) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in CleanSpark (CLSK) Stock?

CleanSpark: Microgrid Industry Play Could See A Minimum Of 1,000% Growth By 2035

CleanSpark, Inc. (NASDAQ: CLSK) shares are trading higher after the company announced an exclusive partnership with Sunshine Energy.

Why CleanSpark's Shares Are Trading Higher Today

SALT LAKE CITY, Aug. 7, 2020 /PRNewswire/ -- CleanSpark, Inc.

CleanSpark, Inc. and Sunshine Energy Announce Exclusive Costa Rica Partnership

SALT LAKE CITY, Aug. 4, 2020 /PRNewswire/ -- CleanSpark, Inc.

CleanSpark Announces Quarterly Results and 283% Increase in Revenues in a Statement to Shareholders

SALT LAKE CITY, July 29, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, today announced it has been awarded a contract to provide controls and storage for a commercial microgrid located in Southern California.

CleanSpark, Inc. Announces Contract for Another Southern California Microgrid

Tonix Pharmaceuticals Hld

Their share prices are predicted to bounce back strongly

Analysts Recommend Buying These 2 Falling Knives

SALT LAKE CITY, July 24, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, announces the launch of its partnership program.

CleanSpark, Inc. Announces Launch of Strategic Partnership Platform to Accelerate Growth and Release of Recent IBM Case Study

CleanSpark (NASDAQ: CLSK) shares are trading higher after the company announced it won a $2.9 million grant with ReJoule from the California Energy Commission.

Why CleanSpark Stock is Trading Higher Today

SALT LAKE CITY, July 1, 2020 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, today announced the release of enhanced features and modeling tools to its mVSO (microgrid Value Stream Optimizer) software. mVSO is a SaaS-based product used by...

CleanSpark Announces Wildfire Incentive and Tax Credit Integration for mVSO Energy Modeling Software

SALT LAKE CITY, April  21, 2020  (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company announced today that it has continued to make key hires to support product and revenue growth. CleanSpark most recently hired Marty Weishaar as Vice President of Marketing. Mr. Weishaar made the transition from his Executive position at Lending Tree, America’s largest online lending marketplace, and has led growth and acquisition marketing teams for over a decade.

News for CleanSpark Stock (CLSK)