CleanSpark, Inc. (CLSK)

NASDAQ: CLSK · IEX Real-Time Price · USD
16.03
-0.44 (-2.67%)
At close: May 17, 2024, 4:00 PM
16.23
+0.20 (1.25%)
After-hours: May 17, 2024, 7:59 PM EDT
-2.67%
Market Cap 3.66B
Revenue (ttm) 283.63M
Net Income (ttm) 60.13M
Shares Out 227.87M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 72.26
Dividend n/a
Ex-Dividend Date n/a
Volume 29,685,360
Open 16.80
Previous Close 16.47
Day's Range 15.93 - 17.53
52-Week Range 3.38 - 24.72
Beta 4.09
Analysts Strong Buy
Price Target 19.22 (+19.9%)
Earnings Date May 9, 2024

About CLSK

CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. [Read more]

Industry Capital Markets
Sector Financials
CEO Zachary K. Bradford
Employees 131
Stock Exchange NASDAQ
Ticker Symbol CLSK
Full Company Profile

Financial Performance

In 2023, CleanSpark's revenue was $168.41 million, an increase of 28.04% compared to the previous year's $131.53 million. Losses were -$136.59 million, 136.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CLSK stock is "Strong Buy." The 12-month stock price forecast is $19.22, which is an increase of 19.90% from the latest price.

Price Target
$19.22
(19.90% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crypto Corner: COIN, CLSK & "Mr. Wonderful"

Kevin Green details some significant technical levels to watch for Bitcoin, and recaps some moves in Coinbase (COIN) and Cleanspark (CLSK). #investing #crypto #cryptocurrency #bitcoin #bitcoinmining #...

Other symbols: COIN
8 days ago - Schwab Network

Crypto miner CleanSpark expands with acquisition of two Wyoming locations: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and un...

8 days ago - CNBC Television

CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million

The agreement includes the potential to expand the sites by an additional 55 MW Wyoming now third state in Company's portfolio of owned-and-operated bitcoin mining facilities LAS VEGAS , May 9, 2024 /...

9 days ago - PRNewsWire

CleanSpark Reports Second Quarter FY2024 Financial Results

FY2024 Second Quarter Revenue of $111.8 million, net income of $126.7 million and Adjusted EBITDA of $181.8 million Revenue grows 163% YoY  Current hashrate surpasses 17 EH/s  LAS VEGAS , May 9, 2024 ...

9 days ago - PRNewsWire

CleanSpark Names Chief Operating Officer and Chief Technology Officer

Scott Garrison and Taylor Monnig promoted to new C-suite positions LAS VEGAS , May 8, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of...

10 days ago - PRNewsWire

CleanSpark Releases April 2024 Bitcoin Mining Update

Company exceeds 17 EH/s; mines 721 bitcoin with a record daily high of over 48 bitcoin LAS VEGAS , May 2, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released ...

16 days ago - PRNewsWire

CleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial Results

LAS VEGAS , April 24, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal second quarter 2024 financial results via a live webcast beginning at 4:30 ...

24 days ago - PRNewsWire

Bitcoin halving 2024: here's what it may mean for CleanSpark

Rewards associated with mining Bitcoin are expected to halve in the coming days. Ahead of it, CleanSpark Inc (NASDAQ: CLSK) is down close to 30% versus its year-to-date high.

4 weeks ago - Invezz

CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines

Company negotiates option upgrade to new S21 Pros, increasing the total purchased hashrate by 17%, to 23.4 EH/s The Company reached its new hashrate high as its recently acquired data center in Dalton...

5 weeks ago - PRNewsWire

CleanSpark Releases March 2024 Bitcoin Mining Update

The Company mined 806 bitcoin in March, up 24% from February; total bitcoin holdings now at 5,021 LAS VEGAS , April 1, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, to...

6 weeks ago - PRNewsWire

Cleanspark & Crypto Rally to Begin the Week

Bitcoin and crypto-related stocks rallied to begin the week as world's biggest digital currency passed $70k again. #crypto #bitcoin #cleanspark #stocks #investing

7 weeks ago - Schwab Network

CleanSpark stock: Elliot Wave analysis points to more CLSK upside

CleanSpark (NASDAQ: CLSK) stock price surged hard on Wednesday as Bitcoin bounced back as investors focused on the upcoming Bitcoin halving. The CLSK shares surged by more than 20% to $20.25 and is ne...

2 months ago - Invezz

CleanSpark stock: technicals suggest it could rip higher from here

CleanSpark Inc (NASDAQ: CLSK) has close to tripled already since its year-to-date low in January but technicals suggest the stock could push further up from here. Technical indicators that suggest buy...

2 months ago - Invezz

CleanSpark Releases February 2024 Bitcoin Mining Update

Hashrate grows 60% in a single month to exceed 16 EH/s with over 131,000 operational miners Monthly bitcoin production increased 12%; Treasury increased to 4,218 bitcoin LAS VEGAS , March 1, 2024 /PRN...

2 months ago - PRNewsWire

CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers

Operations have already commenced at the three facilities, with an expected hashrate of 2.4 EH/s once fully loaded with S21s LAS VEGAS , Feb. 27, 2024 /PRNewswire/ -- CleanSpark, Inc., America's Bitco...

2 months ago - PRNewsWire

Are MARA, CLSK, BITF, and RIOT stocks good buys ahead of halving?

Bitcoin mining stocks are having a great week as the coin's price has gone parabolic. Marathon Digital (MARA) shares jumped by more than 20% on Monday and is slowly nearing its highest point in Decemb...

Other symbols: BITFMARARIOT
2 months ago - Invezz

CleanSpark Exceeds 14 EH/s as Sandersville Expansion Comes Online

100 MW of interruptible load now online, bringing increased grid services capabilities to Georgia CleanSpark's operating hashrate has increased 40% since energization began early last week LAS VEGAS ,...

3 months ago - PRNewsWire

CleanSpark Reports First Quarter FY2024 Financial Results

FY2024 First Quarter Revenue of $73.8 million, net income of $25.9 million and Adjusted EBITDA of $69.1 million  Revenue grows 165% year over year Current hashrate surpasses 12.5 EH/s LAS VEGAS , Feb....

3 months ago - PRNewsWire

How attractive is CleanSpark (CLSK) after recent price gains?

Bitcoin miner stock CleanSpark, Inc. (NASDAQ:CLSK) is of interest to investors now. The stock, up 14.66% in the past five days, has been boosted by favourable stock market news this week.

3 months ago - Invezz

CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving

Bitcoin miner CleanSpark climbed on Tuesday after the company said it will acquire new mining facilities. CleanSpark shares were last higher by nearly 9%.

3 months ago - CNBC

CleanSpark Announces Two New Acquisitions, Securing Power and Infrastructure to Reach 20 EH/s

Company ventures into Mississippi with acquisition of three turnkey operations that are expected to generate operating hashrate of 2.4 EH/s Expands in Dalton, GA, with acquisition of third site and ex...

3 months ago - PRNewsWire

CleanSpark Releases January 2024 Bitcoin Mining Update

Announces expansion of Dalton, GA; site is expected to operate at 1.6 EH/s once complete LAS VEGAS , Feb. 2, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today releas...

3 months ago - PRNewsWire

Bitcoin mining stocks outlook for 2024

Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and Ciphe...

Other symbols: BITFCIFRMARARIOT
3 months ago - Invezz

Here's why BITF, CLSK, and MARA stocks are flying

Bitcoin mining stocks recharged on Friday, becoming some of the best performers in Wall Street. Marathon Digital (MARA) stock surged by more than 12% while Bitfarms (BITF) and Cleanspark (CLSK) surged...

Other symbols: BITFMARA
4 months ago - Invezz

CleanSpark Executives to Discuss Fiscal First Quarter 2024 Financial Results Via Webcast

LAS VEGAS , Jan. 25, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss its fiscal first quarter 2024 financial results via a live webcast beginning at 4:30 p....

4 months ago - PRNewsWire