CleanSpark, Inc. (CLSK)

NASDAQ: CLSK · Real-Time Price · USD
10.19
+0.10 (0.99%)
At close: Jan 13, 2025, 4:00 PM
10.56
+0.37 (3.63%)
Pre-market: Jan 14, 2025, 7:40 AM EST
0.99%
Market Cap 2.98B
Revenue (ttm) 378.97M
Net Income (ttm) -149.20M
Shares Out 292.56M
EPS (ttm) -0.69
PE Ratio n/a
Forward PE 5.18
Dividend n/a
Ex-Dividend Date n/a
Volume 22,112,860
Open 9.51
Previous Close 10.09
Day's Range 9.36 - 10.27
52-Week Range 6.41 - 24.72
Beta 4.27
Analysts Strong Buy
Price Target 22.71 (+122.87%)
Earnings Date Feb 6, 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 8 analysts, the average rating for CLSK stock is "Strong Buy." The 12-month stock price forecast is $22.71, which is an increase of 122.87% from the latest price.

Price Target
$22.71
(122.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

3 days 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 ...

4 days 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...

5 days 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
7 days 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
7 days 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),...

8 days 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
18 days 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/ -- ...

22 days 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...

27 days 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...

4 weeks 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...

4 weeks 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
4 weeks ago - Benzinga

Bitcoin Miner CleanSpark Has 'Solid, Albeit Relatively Quiet' Quarter, Ready For Growth, Says Analyst

CleanSpark Inc CLSK shares were down on Tuesday, even after the company reported upbeat fourth-quarter results.

5 weeks ago - Benzinga

CleanSpark Releases November 2024 Bitcoin Mining Update

Mines 622 bitcoin and achieves daily production high of over 21 bitcoin Increases hashrate and efficiency month over month by over 7% and 6% respectively LAS VEGAS , Dec. 3, 2024 /PRNewswire/ -- Clean...

5 weeks ago - PRNewsWire

CleanSpark Stock: Still Way Too Cheap After Q4 Earnings Results

CleanSpark stock is up 68% since October, showing strong potential despite a 6% pre-market drop after Q4 results, maintaining a bullish outlook. CLSK stock valuation remains attractive, with significa...

5 weeks ago - Seeking Alpha

CleanSpark, Inc. (CLSK) Q4 2024 Earnings Call Transcript

CleanSpark, Inc. (NASDAQ:CLSK) Q4 2024 Earnings Conference Call December 2, 2024 4:30 PM ET Company Participants Brittany Moore - Director, Investor Relations Zach Bradford - Chief Executive Officer ...

6 weeks ago - Seeking Alpha

CleanSpark Reports Record-Breaking FY 2024 Results: Outpacing Halving and Difficulty

Revenue grows 125% year over year  Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin...

6 weeks ago - PRNewsWire

CleanSpark: Bullish Buzz Or Resistance Ahead Before Q4 Reveal?

Wall Street expects Bitcoin miner CleanSpark Inc CLSK to report a loss of 18 cents per share and $88.65 million in revenues when it posts fourth-quarter earnings after market hours on Monday.

6 weeks ago - Benzinga

CleanSpark Executives to Discuss Fiscal Full Year 2024 Financial Results Via Webcast

LAS VEGAS , Nov. 29, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, will discuss its fiscal full year 2024 financial results via a live webcast beginning at 4:30 p.m. E...

6 weeks ago - PRNewsWire

Undercovered Dozen: Arqit Quantum, CleanSpark, Sezzle, STAG Industrial +

The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued...

6 weeks ago - Seeking Alpha

CleanSpark: Why The Shorts Have Got It Wrong

CleanSpark is a bitcoin mining company that hasn't appreciated at the rate of other bitcoin or crypto-related stocks in the short term, such as MicroStrategy Inc. or Coinbase. The % short float for Cl...

6 weeks ago - Seeking Alpha

Top 2 crypto mining stocks to buy as analyst forecasts Bitcoin hitting $200,000

Bitcoin has celebrated the return of Donald Trump to the White House in recent weeks and the momentum is unlikely to fade anytime soon, as per BCA Research analyst Dhaval Joshi. Joshi expects BTC to e...

Other symbols: RIOT
2 months ago - Invezz

CleanSpark: A Deep Dive Into Strategic Growth, Geographic Expansion And How To Capitalize On A BTC Mining Opportunity

CleanSpark Inc. (CLSK) demonstrates strong growth in Bitcoin mining, with significant hashrate expansion, energy efficiency, and strategic geographic diversification. CLSK's Bitcoin accumulation strat...

2 months ago - Seeking Alpha

CleanSpark Announces Resumed Trading on Nasdaq of Common Stock

LAS VEGAS , Nov. 11, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced that trading of the Company's common stock on Nasdaq has resumed at...

2 months ago - PRNewsWire

CleanSpark Comments on Trading Halt Related to Clerical Warrant Conversion Error

No Change to Company's Business, Operations or Financial Statements LAS VEGAS , Nov. 8, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today addressed ...

2 months ago - PRNewsWire