CleanSpark, Inc. (CLSK)

NASDAQ: CLSK · Real-Time Price · USD
8.68
+0.65 (8.09%)
At close: May 8, 2025, 4:00 PM
8.43
-0.25 (-2.88%)
After-hours: May 8, 2025, 7:59 PM EDT
8.09%
Market Cap 2.44B
Revenue (ttm) 537.40M
Net Income (ttm) -195.56M
Shares Out 280.81M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 10.17
Dividend n/a
Ex-Dividend Date n/a
Volume 32,905,074
Open 8.45
Previous Close 8.03
Day's Range 8.27 - 8.90
52-Week Range 6.45 - 20.64
Beta 4.37
Analysts Strong Buy
Price Target 22.00 (+153.46%)
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 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 153.46% from the latest price.

Price Target
$22.0
(153.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CleanSpark, Inc. (CLSK) Q2 2025 Earnings Conference Call Transcript

CleanSpark, Inc. (NASDAQ:CLSK) Q2 2025 Earnings Conference Call May 8, 2025 4:30 PM ET Company Participants Harry Sudock - SVP Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants...

7 hours ago - Seeking Alpha

CleanSpark Reports Second Quarter Fiscal 2025 Results

$181.7M quarterly revenue, up 62.5% from prior year Bitcoin production grew to 1,957, with an average revenue per coin of $92,811 LAS VEGAS , May 8, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK...

11 hours ago - PRNewsWire

MARA Holdings ($MARA) | Riot Platforms ($RIOT) | CleanSpark ($CLSK) | IREN ($IREN)

Welcome to the Green Stock News brief for Wednesday May 7th. Here are today's top headlines: MARA Holdings (NASDAQ: MARA) produced 705 BTC in April, averaging 23.5 BTC per day and winning 205 blocks, ...

Other symbols: MARARIOT
1 day ago - Green Stock News

CleanSpark Releases April 2025 Bitcoin Mining Update

Exceeds 12,100 bitcoin held in treasury Evolves capital strategy; funding monthly operating expenses through production LAS VEGAS , May 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America...

2 days ago - PRNewsWire

CleanSpark Executives to Discuss Fiscal Q2 2025 Financial Results

LAS VEGAS , May 2, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, will discuss its fiscal second quarter 2025 financial results via a live webcast begi...

6 days ago - PRNewsWire

CleanSpark: Still A Speculative 'Buy' On Bitcoin's Breakout

CleanSpark's focus on Bitcoin mining over HPC/AI services has proven beneficial, with CLSK outperforming many mining companies that pursued HPC/AI data centers. CleanSpark's 'sats per share' has grown...

8 days ago - Seeking Alpha

CleanSpark: A Strong Buy Amid Crypto Price Stabilization

CleanSpark is a compelling buy due to increased production, reduced mining costs, and a strong Bitcoin treasury, despite recent price volatility. CleanSpark's March production hit a record 706 Bitcoin...

11 days ago - Seeking Alpha

President Trump's second term 'net positive' for crypto industry, says CleanSpark CEO

CleanSpark CEO Zach Bradford explains why the bitcoin mining firm decided to shift away from holding all its mined bitcoin. He also weighs in on recent developments for crypto under the new administra...

15 days ago - CNBC Television

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.

Other symbols: MARA
22 days ago - Benzinga

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...

Other symbols: COIN
23 days ago - PRNewsWire

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.

Other symbols: COINHIVEMARAMSTRRIOT
4 weeks ago - PYMNTS

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

6 weeks ago - Seeking Alpha

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
7 weeks 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
2 months 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...

2 months 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...

2 months 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...

2 months 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.

3 months 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...

3 months 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...

3 months 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.

3 months 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...

3 months ago - PRNewsWire