Cleanspark Inc Stock News

Exceeds 700 bitcoin produced, a 13% gain month over month Achieves 42.4 exahash, an increase of 4.2% month over month 11,869 bitcoin held in treasury LAS VEGAS , April 4, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending March 31, 2025. "We've remained focused on ...

CleanSpark is in a bearish downtrend but trading in a proven demand zone, offering a good risk-to-reward opportunity. Momentum is currently bearish but showing signs of potential bullish reversal; volume suggests institutional accumulation. Relative strength is flat; CLSK has underperformed the S&P 500 since March 2024 but could outperform if it exits the demand zone.

LAS VEGAS , March 10, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 24, 2025. The S&P SmallCap 600 Index seeks to measure the small-cap segment of the U.S. equity market.

Mines 624 bitcoin in twenty-eight-day February  Increases Bitcoin treasury by nearly 6% month over month to 11,177  LAS VEGAS , March 5, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending February 28, 2025.  "February demonstrated the value of our pure play Bitcoin...

CleanSpark, a bitcoin mining company with a $2.95 billion market cap, transitioned from clean energy to bitcoin mining in December 2020. As of January, CleanSpark owns 10,556 bitcoins and has 873 MW under contract, showcasing strong growth since 2020. CleanSpark leads in several financial metrics which make it an attractive investment among peers.

CleanSpark's Q1 results reinforce the bull case, with strong revenue, low mining costs, and improving efficiency, justifying a Strong Buy rating despite recent stock volatility. The company is scaling efficiently, achieving 40 EH/s ahead of schedule, aiming for 50 EH/s by Q2, and maintaining a robust balance sheet. CleanSpark's strategy of mining and holding Bitcoin offers dual paths to capital...

CleanSpark, Inc. (NASDAQ:CLSK ) Q1 2025 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Barbara Domingo - IR Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants Mike Colonnese - H.C. Wainwright Brian Dobson - Clear Street Brett Knoblauch - Cantor Fitzgerald Tyler DiMatteo - BTIG Stephen Glagola - JonesTrading Bill Papanastasiou - KBW Greg Lewis - B...

$162.3M quarterly revenue, up 120% from prior year $241.7M quarterly net income and basic EPS of $0.85 Marginal cost per coin decreases 6% to ~$34,000 at owned facilities LAS VEGAS , Feb. 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended December 31, 2024. "This quarter we saw the impact of c...