CleanSpark, Inc. (CLSK)
Market Cap | 2.11B |
Revenue (ttm) | 467.49M |
Net Income (ttm) | 67.12M |
Shares Out | 280.81M |
EPS (ttm) | 0.27 |
PE Ratio | 27.49 |
Forward PE | 11.50 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 21,256,171 |
Open | 7.26 |
Previous Close | 7.28 |
Day's Range | 7.16 - 7.53 |
52-Week Range | 6.45 - 21.39 |
Beta | 4.13 |
Analysts | Strong Buy |
Price Target | 22.00 (+192.94%) |
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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for CLSK stock is "Strong Buy." The 12-month stock price forecast is $22.0, which is an increase of 192.94% from the latest price.
News

Bitcoin Miners Buckle Under April Price Pressure, But JP Morgan Analyst Says MARA, CleanSpark Held Strong
JP Morgan analyst Reginald L. Smith observed that Bitcoin BTC/USD miners saw mixed performance in early April.

CleanSpark Expands Capital Strategy With $200M Bitcoin-Backed Credit Facility from Coinbase Prime; Shifts to Self-Funded Operations
Proceeds from credit facility to support accretive growth on non-dilutive terms Company to begin selling a portion of monthly Bitcoin production to cover operations LAS VEGAS , April 15, 2025 /Prnewsw...

Cryptocurrencies and Crypto-Related Stocks Rise After Trump Pauses Tariffs
The prices of cryptocurrencies and crypto-related stocks leapt Wednesday (April 9) after President Donald Trump paused the new tariffs that he had placed on more than 75 countries. As of 2:55 p.m.

CleanSpark to Participate in Jones Healthcare and Technology Innovation Conference
LAS VEGAS , April 9, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced that Executive Chairman Matthew Schultz will participate in a fires...

CleanSpark Among Top 35 of 500 Fastest Growing Companies in the Americas
Company earns 35th spot on The Financial Times' 2025 list of the 500 Fastest Growing Companies in the Americas LAS VEGAS , April 7, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bit...

CleanSpark Releases March 2025 Bitcoin Mining Update
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/ -- CleanSpa...

CleanSpark Has A Bullish Investment Thesis
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; vol...

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.

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...

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...

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...

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.

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...

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...

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.

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...

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...

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...
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.

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...

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 ...

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...
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...
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...