CleanSpark(CLSK)

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CleanSpark(CLSK) - 2024 Q2 - Quarterly Report
2024-05-09 13:10
UNITED STATES FORM 10-Q TABLE OF CONTENTS Item 4: Controls and Procedures 19 Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share CLSK The Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suc ...
CleanSpark(CLSK) - 2024 Q2 - Quarterly Results
2024-05-09 13:05
CLEANSPARK, INC. CLEANSPARK, INC. RECONCILIATION OF ADJUSTED EBITDA (Unaudited, in thousands) Investor Relations Contact Brittany Moore 702-989-7693 ir@cleanspark.com FY2024 Second Quarter Revenue of $111.8 million, net income of $126.7 million and Adjusted EBITDA of $181.8 million Current hashrate surpasses 17 EH/s CleanSpark Reports Second Quarter FY2024 Financial Results Revenue grows 163% YoY "We've achieved remarkable milestones this past quarter, ultimately becoming what we believe to be the top opera ...
The 3 Best Crypto Mining Stocks to Buy for a Q3 Rally
InvestorPlace· 2024-05-09 10:37
After dropping to a low of $59,117.50, Bitcoin (BTC-USD) is back above $63,000, creating big opportunity for some of the best crypto mining stocks to buy.Even better, the digital currency could race even with two nearing catalysts.For one, according to CoinDesk.com, “May 15 marks the deadline for institutional investment managers to file form 13-F with the Securities and Exchange Commission. If more firms are shown to have purchased the newly approved spot bitcoin exchange-traded funds during the first quar ...
CleanSpark Names Chief Operating Officer and Chief Technology Officer
Prnewswire· 2024-05-08 13:00
Scott Garrison and Taylor Monnig promoted to new C-suite positions LAS VEGAS, May 8, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. Garrison, previously SVP of growth, and Monnig, previously SVP of mining technology, have been critical in CleanSpark's remarkable growth. Garrison has led business development and construction of the Company's data centers ...
Why Marathon Digital, CleanSpark, and TeraWulf Are Heading to the Moon Today
The Motley Fool· 2024-05-06 18:49
These Bitcoin miners are seeing major upside today amid strength in the price of Bitcoin and spot ETF inflows.Cryptocurrency miners are seeing incredible interest in today's session. Shares of Marathon Digital (MARA 17.58%), CleanSpark (CLSK 8.72%), and TeraWulf (WULF 10.07%) are up 19.2%, 10.7%, and 10.4%, respectively, as of 1:15 p.m. ET.Of course, the moves in these top Bitcoin miners have a lot to do with Bitcoin's price action in recent days. Since dropping below the $57,000 mark to start this month, B ...
CleanSpark Releases April 2024 Bitcoin Mining Update
Prnewswire· 2024-05-02 13:00
Company exceeds 17 EH/s; mines 721 bitcoin with a record daily high of over 48 bitcoin LAS VEGAS, May 2, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending April 30, 2024. "We continue to see monthly gains in our efficiency metrics as we deploy the advanced S21 machines across our expanding facilities," said Zach Bradford, CEO of CleanSpark. "These improvements are pivotal in amplifying our mi ...
CleanSpark (CLSK) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-26 22:51
In the latest trading session, CleanSpark (CLSK) closed at $19.23, marking a -1.59% move from the previous day. This change lagged the S&P 500's daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 0.4%, while the tech-heavy Nasdaq appreciated by 2.03%.Shares of the company have depreciated by 7.87% over the course of the past month, underperforming the Finance sector's loss of 5.37% and the S&P 500's loss of 3.15%.Analysts and investors alike will be keeping a close eye on the performance of CleanSpar ...
Bitcoin Rally Poised to Resume: 5 Solid Stocks to Bet on
Zacks Investment Research· 2024-04-26 13:21
The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.In the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.That said, the cryptocurrency market holds tremendous potential. The rally, ...
3 Bitcoin Mining Stocks to Watch After the April Halving
Zacks Investment Research· 2024-04-26 13:16
With the scheduled April Bitcoin (BTC) halving behind us, it is widely anticipated that the supply crunch resulting from the reduced gamut of Bitcoins will lead to a price appreciation for the digital asset in the coming months.It is of paramount importance to understand what Bitcoin halving translates into. Since Bitcoin “miners” validate and record the transactions, they receive both a block reward from the Bitcoin network and transaction fees from the retail consumer making the transaction. Bitcoin halvi ...
Why Crypto Stocks Had a big Post-Halving Rally Today
The Motley Fool· 2024-04-22 22:35
The world's No. 1 crypto was a hot topic of discussion over the weekend for a very specific reason.A major event in the cryptocurrency world occurred just before the weekend, and it drew many investors into digital coins, tokens, and related assets on Monday. By and large, the numerous crypto stocks on the exchange did very well, with more than a few notching double-digit price gains on the day.This event was (it nearly goes without saying for anyone even mildly interested in cryptocurrencies) the halving o ...