CleanSpark, Inc. (CLSK)

NASDAQ: CLSK · Real-Time Price · USD
8.73
-0.06 (-0.68%)
At close: Mar 25, 2025, 4:00 PM
8.75
+0.02 (0.23%)
Pre-market: Mar 26, 2025, 7:17 AM EST
-0.68%
Market Cap 2.45B
Revenue (ttm) 467.49M
Net Income (ttm) 67.12M
Shares Out 280.81M
EPS (ttm) 0.27
PE Ratio 31.96
Forward PE 22.70
Dividend n/a
Ex-Dividend Date n/a
Volume 24,681,073
Open 8.77
Previous Close 8.79
Day's Range 8.48 - 8.90
52-Week Range 7.22 - 24.72
Beta 4.21
Analysts Strong Buy
Price Target 21.75 (+149.14%)
Earnings Date May 8, 2025

About CLSK

CleanSpark, Inc. operates as a bitcoin mining company in the Americas. It owns and operates data centers. 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
Founded 1987
Employees 270
Stock Exchange NASDAQ
Ticker Symbol CLSK
Full Company Profile

Financial Performance

In 2024, CleanSpark's revenue was $378.97 million, an increase of 125.03% compared to the previous year's $168.41 million. Losses were -$149.20 million, 8.00% more than in 2023.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CLSK stock is "Strong Buy." The 12-month stock price forecast is $21.75, which is an increase of 149.14% from the latest price.

Price Target
$21.75
(149.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year

Bitcoin BTC/USD mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L.

Other symbols: ARBKBITFCIFRCORZHUT
8 days ago - Benzinga

Bitcoin Miners Ride The BTC Boom, But Costs Tell A Different Story: JPMorgan Analyst

Bitcoin BTC/USD miners just had one of their best quarters on record, but the real winners aren't just those mining the most coins – it's those keeping costs in check.

Other symbols: CIFRIRENMARARIOT
12 days ago - Benzinga

CleanSpark Set to Join the S&P SmallCap 600® Index

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 op...

15 days ago - PRNewsWire

CleanSpark Releases February 2025 Bitcoin Mining Update

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...

20 days ago - PRNewsWire

CleanSpark: Fleet Efficiency Drives Higher Bitcoin Yield

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 u...

5 weeks ago - Seeking Alpha

CleanSpark's Attractive Valuation And Bitcoin Stack Makes It A Buy, Analyst Says

Needham analyst John Todaro initiated coverage on CleanSpark Inc CLSK with a Buy rating and announced a Price Forecast of $20.00.

5 weeks ago - Benzinga

CleanSpark's Q1 Results Strengthen The Bull Case

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...

6 weeks ago - Seeking Alpha

CleanSpark, Inc. (CLSK) Q1 2025 Earnings Conference Call Transcript

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 Parti...

6 weeks ago - Seeking Alpha

CleanSpark Is A High Conviction Name In Bitcoin Mining Sector: Analyst

H.C. Wainwright analyst Mike Colonnese reiterated the Buy rating on CleanSpark, Inc. CLSK, with a price forecast of $27.

6 weeks ago - Benzinga

CleanSpark Reports Fiscal Year First Quarter 2025 Results

$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 /PRN...

6 weeks ago - PRNewsWire

CleanSpark Releases January 2025 Bitcoin Mining Update

626 bitcoin mined and 40 EH/s surpassed in operating hashrate More than 8% fleet efficiency improvement month over month LAS VEGAS , Feb. 4, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), Ameri...

7 weeks ago - PRNewsWire

CleanSpark Executives to Discuss Fiscal Q1 2025 Financial Results

LAS VEGAS , Feb. 3, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, will discuss its fiscal first quarter 2025 financial results via a live webcast beginning at 4:30 p.m...

7 weeks ago - PRNewsWire

Bitcoin miners try to rebound from choppy market

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.

Other symbols: BTDRCORZIRENMARA
2 months ago - CNBC Television

CleanSpark: Buy The Dip In This Undervalued Bitcoin Miner

CleanSpark, a major Bitcoin miner, has seen a flat share price over the past year despite a ~2x jump in Bitcoin prices. The company is trading close to book value (assuming current Bitcoin prices hold...

2 months ago - Seeking Alpha

CleanSpark Achieves More Than 10,000 Bitcoin Held

10,097 bitcoin held in treasury, all produced from mining activity LAS VEGAS , Jan. 9, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced a ...

2 months ago - PRNewsWire

CleanSpark: Stacking 'Digital Gold' The 'Old Way'

CleanSpark mined 7,024 BTC in 2024, maintaining a pure play on Bitcoin while competitors diversify into high-performance computing. The company used convertible note proceeds for share repurchases and...

2 months ago - Seeking Alpha

All crypto miners are not 'created equal': Analyst

As cryptocurrency regulation is expected to ease under the incoming Trump administration, Clear Street senior research analyst Brian Dobson joins Market Domination to analyze crypto mining prospects f...

Other symbols: WGMI
2 months ago - Yahoo Finance

Green Stock News for January 6, 2025: $NVDA $ARBE $XPEV $CLSK $SUUN

Welcome to the Green Stock News brief for Monday January 6th. Here are today's top headlines: Arbe Robotics (NASDAQ: ARBE), in collaboration with NVIDIA (NASDAQ: NVDA), is advancing free space mapping...

Other symbols: NVDAXPEVARBESUUN
2 months ago - Green Stock News

CleanSpark Releases December 2024 Bitcoin Mining Update

Mines 668 bitcoin in December and 7,024 bitcoin in 2024 287.9% hashrate growth with 33.3% efficiency improvement year over year LAS VEGAS , Jan. 6, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK),...

2 months ago - PRNewsWire

Bitcoin, crypto stocks slide after post-election rally

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the slide in crypto and bitcoin.

Other symbols: COINIRENMSTR
3 months ago - CNBC Television

CleanSpark Exceeds 2024 Year-End Guidance of 37 EH/s and Accelerates 2025 Guidance

CleanSpark has achieved 37.5 EH/s in operating hashrate with a fleet efficiency of 17.7 J/Th Accelerates guidance for 50 EH/s, expected in first half of 2025 LAS VEGAS , Dec. 23, 2024 /PRNewswire/ -- ...

3 months ago - PRNewsWire

CleanSpark, Inc. Announces Closing of Offering of $650 Million Zero-Coupon Convertible Notes

LAS VEGAS , Dec. 17, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it completed its previously announced offering...

3 months ago - PRNewsWire

CleanSpark, Inc. Announces Pricing of $550 Million Convertible Notes Offering

LAS VEGAS , Dec. 13, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced the pricing of its offering of $550 million aggrega...

3 months ago - PRNewsWire

CleanSpark, Inc. Announces Proposed Private Offering of $550 Million of Convertible Notes

LAS VEGAS , Dec. 12, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it intends to offer, subject to market conditi...

3 months ago - PRNewsWire

Bitcoin Miners CleanSpark, Cipher Mining Win JPMorgan Support For Growth, Efficiency Edge

JPMorgan doesn't often issue upgrades to two bitcoin miners at once, but that's exactly what happened on Tuesday with CleanSpark Inc CLSK and Cipher Mining Inc CIFR.

Other symbols: CIFR
3 months ago - Benzinga