CleanSpark, Inc. (CLSK)
| Market Cap | 202.00M |
| Revenue (ttm) | 126.66M |
| Net Income (ttm) | -100.86M |
| Shares Out | 77.99M |
| EPS (ttm) | -2.13 |
| PE Ratio | n/a |
| Forward PE | 21.37 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,017,893 |
| Open | 2.60 |
| Previous Close | 2.45 |
| Day's Range | 2.50 - 2.71 |
| 52-Week Range | 1.74 - 13.91 |
| Beta | 3.29 |
| Analysts | Buy |
| Price Target | 7.65 (+195.37%) |
| Earnings Date | Feb 9, 2023 |
About CLSK
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy... [Read more]
Financial Performance
In 2022, Cleanspark's revenue was $131.52 million, an increase of 234.78% compared to the previous year's $39.29 million. Losses were -$57.66 million, 162.2% more than in 2021.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CLSK stock is "Buy." The 12-month stock price forecast is $7.65, which is an increase of 195.37% from the latest price.
News
CleanSpark Releases February 2023 Bitcoin Mining Update
Company mines 576 bitcoin in the year's shortest month; hits new efficiency milestone of 30.6 watts per terahash Company mines 576 bitcoin in the year's shortest month; hits new efficiency milestone o...
CleanSpark Announces Purchase of 20,000 New Latest Generation Mining Machines
Latest Purchase Expected to Expand Company's Bitcoin Production Capacity by 37%, Adding 2.44 Exahashes per Second (EH/s) Once Installed; Total Number of Machines Purchased During the Bear Market Now E...
CleanSpark Reports First Quarter FY2023 Financial Results
First quarter revenue of $27.8 million, net GAAP loss of $(29.0) million and Adjusted EBITDA of ($1.4) million; Mined 1,531 Bitcoin, a 132% increase over same prior year period LAS VEGAS , Feb. 9, 202...
CleanSpark Releases January 2023 Bitcoin Mining Update
Company mines a record 697 bitcoins for the month, up 50% from prior month and 129% from same prior year period; Company's bitcoin holdings grow 32% Company mines a record 697 bitcoins for the month, ...
CORRECTION: CleanSpark Executives to Discuss Fiscal First Quarter 2023 Financial Results via Webcast
An earlier version of this press announcement incorrectly listed the day of CleanSpark's upcoming earnings call as Wednesday, February 9; the correct day is Thursday, February 9 An earlier version of ...
CleanSpark Executives to Discuss Fiscal First Quarter 2023 Financial Results Via Webcast
LAS VEGAS, Jan. 30, 2023 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, will discuss fiscal first quarter 2023 financial results via a live webcast begi...
CleanSpark, Inc. (CLSK) Securities Fraud Class Action Survives Motion to Dismiss
Philadelphia, Pennsylvania--(Newsfile Corp. - January 19, 2023) - A securities fraud class action alleging wrongdoing committed by certain CleanSpark Officers and Directors has survived a motion to di...
CleanSpark Breaks Ground on 50 Megawatt Bitcoin Mining Expansion
The nearly $16M expansion, with projected completion in late spring, will hold up to 16,000 miners and cements CleanSpark's position among North America's top bitcoin miners; Once completed, the Compa...
Shareholder Alert: CleanSpark, Inc. (CLSK) Securities Fraud Class Action Survives Motion to Dismiss
Philadelphia, Pennsylvania--(Newsfile Corp. - January 12, 2023) - A securities fraud class action alleging wrongdoing committed by certain CleanSpark (NASDAQ: CLSK) Officers and Directors has survived...
CleanSpark Earns 2022 Great Place to Work Certification
The recognition comes on the heels of an anonymous companywide employee survey The recognition comes on the heels of an anonymous companywide employee survey
Moore Kuehn, PLLC Encourages Investors of CleanSpark, Inc. to Contact Law Firm
New York, New York--(Newsfile Corp. - January 9, 2023) - Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating whether certain officers and directors of CleanSpark, Inc. (N...
CleanSpark Releases December 2022 Bitcoin Mining Update
Company hits new daily production high of 22 bitcoin; Mines a record 4,621 bitcoin for calendar year 2022, up 200% from the prior calendar year Company hits new daily production high of 22 bitcoin; Mi...
CleanSpark Surpasses Revised Year End Hashrate of 6 EH/s
The Company's hashrate has tripled this year; this latest achievement means it has met its updated 2022 guidance The Company's hashrate has tripled this year; this latest achievement means it has met ...
CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results
2022 Revenue of $131.5 million, net loss of $(57.3) million and Adjusted EBITDA of $65.7 million Q4 revenue of $26.2 million, net loss of $(42.3) million and Adjusted EBITDA of $2.9 million Current ha...
CleanSpark Releases November 2022 Bitcoin Mining Update
Company meets yearend hashrate guidance early with high of 5.5 EH/s, up over 320% from this time last year (November 2021) Company meets yearend hashrate guidance early with high of 5.5 EH/s, up over ...
CleanSpark Expands Board of Directors with Appointment of Bitcoin Policy Expert Amanda Cavaleri
Cavaleri, board chair of the non-profit Bitcoin Today Coalition, brings extensive advocacy and policy experience to CleanSpark's board of directors Cavaleri, board chair of the non-profit Bitcoin Toda...
CleanSpark Executives to Discuss Fiscal Full Year and Fourth Quarter 2022 Financial Results Via Webcast
LAS VEGAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, will discuss fiscal full year and fourth quarter 2022 financial results via a live webcast beginn...
CleanSpark Earns Top Spot on Deloitte's 2022 Technology Fast 500 List
Award recognizes fastest-growing public and private technology companies in North America Award recognizes fastest-growing public and private technology companies in North America
CleanSpark Expands Bitcoin Mining Fleet with Purchase of 3,853 Latest Generation Machines
Total Machines Purchased Since Bear Market Conditions Began in June Now Exceeds 26,500 Total Machines Purchased Since Bear Market Conditions Began in June Now Exceeds 26,500
CleanSpark Exceeds 2022 Guidance Two Months Early, Achieving 5 EH/s; Raises Year-end Hashrate Guidance by 10%
The Company's hashrate has grown 150% since January; CleanSpark is updating its 2022 year-end hashrate guidance to 5.5 EH/s The Company's hashrate has grown 150% since January; CleanSpark is updating ...
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Mawson Infrastructure Group Inc. Announces Completion of the Previously Announced Sale of Its Sandersville, Georgia Facility and 6,468 ASIC's to CleanSpark, Inc. for up to Approximately $40 Million1
ATLANTA & SYDNEY--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, today announced it has closed on the previously announced transaction w...
CleanSpark Completes Acquisition of Mawson's Sandersville Facility
The acquisition has already added 560 PH/s of low-carbon bitcoin mining to CleanSpark's hashrate, bringing its total hashrate to over 4.7 EH/s; The site is expected to bring an additional 1 EH/s by ye...
CleanSpark Releases September 2022 Bitcoin Mining Update
Company tops 4.16 EH/s, up 21% from August 2022; mines 448 bitcoin for the month, a 132% YoY increase; HODL grows 13% to 594 bitcoins Company tops 4.16 EH/s, up 21% from August 2022; mines 448 bitcoin...
CleanSpark Exceeds Hashrate Guidance with Over 4 EH/s of Low-Carbon Network Strength
The Company's hashrate, the majority of which is drawn from low-carbon sources, has grown over 30% in less than a month; CleanSpark is on track to meet its 2022 year-end guidance of 5 EH/s The Company...