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CleanSpark: Benefiting From Bitcoin Surge
Seeking Alpha· 2025-07-26 02:34
Group 1 - The article emphasizes the need for investors to rotate their portfolios towards lesser-known names, particularly increasing exposure to small-cap stocks to outperform major indices [1] Group 2 - Gary Alexander has extensive experience in covering technology companies and advising startups, contributing to insights on current industry themes [2]
CleanSpark (CLSK) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-07-25 22:46
CleanSpark (CLSK) closed the most recent trading day at $11.82, moving -4.21% from the previous trading session. This change lagged the S&P 500's 0.4% gain on the day. Elsewhere, the Dow gained 0.47%, while the tech-heavy Nasdaq added 0.24%. Heading into today, shares of the company had gained 14.15% over the past month, outpacing the Finance sector's gain of 3.3% and the S&P 500's gain of 4.61%.Analysts and investors alike will be keeping a close eye on the performance of CleanSpark in its upcoming earning ...
As Bitcoin Hits New Highs, These 3 Stocks Could Explode
MarketBeat· 2025-07-21 11:11
Core Insights - The article emphasizes that true wealth in the cryptocurrency market, particularly Bitcoin, is generated not by holding Bitcoin itself but by investing in companies that facilitate its availability, such as miners and refiners [2][3]. Company Analysis - Cleanspark Inc. is highlighted as offering the deepest discount to its 52-week high prices, presenting a significant opportunity for investors as Bitcoin prices rise [4]. - Cleanspark's stock forecast indicates a potential upside of 59.43%, with a 12-month price target of $20.38 based on analyst ratings [5]. - Institutional investors, like Vanguard Group, have increased their holdings in Cleanspark by 22.8%, indicating confidence in the company's future performance [7]. - Riot Platforms is also noted for its potential, with a 12-month stock price forecast of $17.35, suggesting a 25.18% upside [11]. - Riot Platforms has reported a net loss per share of $0.90, but forecasts predict improvement, which could lead to higher stock prices [12]. - Marathon Digital Holdings, with a market cap of $4.9 billion, is attracting more institutional interest and has a stock forecast of $20.94, indicating a 7.35% upside [14][16]. Market Trends - The article draws parallels between the current cryptocurrency market and historical commodity booms, suggesting that investing in the infrastructure supporting these assets can yield greater returns than the assets themselves [1][2]. - The smaller market capitalization of companies like Cleanspark and Riot Platforms limits their media exposure, which may present hidden opportunities for investors [10].
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CleanSpark Releases June 2025 Bitcoin Mining Update
Prnewswire· 2025-07-07 12:00
Core Insights - CleanSpark achieved a mid-year operational hashrate target of 50 EH/s, marking a 9.6% month-over-month increase and enhancing energy efficiency to 16.15 J/Th [2][4] - The company holds a Bitcoin treasury of 12,608 BTC, ranking seventh among publicly traded companies globally, all generated through self-mining [2][6] - CleanSpark's Digital Asset Management strategies are in the 'crawl phase', with positive results from spot sales and derivative transactions, achieving an average sale price of $105,860 per Bitcoin in June [3][6] Production Metrics - In June 2025, CleanSpark produced 685 BTC, with a peak single-day production of 23.97 BTC and an average daily production of 22.82 BTC [4] - The total Bitcoin produced in the calendar year 2025 so far is 3,968 BTC [4] Fleet Metrics - The operational hashrate reached 50.0 EH/s, with an average operating hashrate of 45.3 EH/s [4] - The deployed fleet as of June 30, 2025, consists of 241,227 miners [4] Treasury Metrics - As of June 30, 2025, CleanSpark's total Bitcoin holdings are 12,608 BTC, with 578.51 BTC sold, generating proceeds of $61,241,239 [6] - The average price per BTC sold was $105,860, which is $446 above the volume-weighted average price (VWAP) for the same period [6] Power Portfolio Metrics - CleanSpark has secured 987 MW of power under contract, with 808 MW utilized to support its operational hashrate [6]
CleanSpark (CLSK) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-07-03 22:46
Company Performance - CleanSpark (CLSK) experienced a decline of 1.84% in the latest trading session, closing at $12.25, which lagged behind the S&P 500's daily gain of 0.83% [1] - Prior to this session, CleanSpark's shares had increased by 30.95%, significantly outperforming the Finance sector's gain of 3.44% and the S&P 500's gain of 4.99% [1] Earnings Expectations - Analysts anticipate CleanSpark will report earnings of -$0.02 per share in the upcoming earnings report, indicating a year-over-year decline of 300% [2] - The Zacks Consensus Estimate for revenue is projected at $188.79 million, reflecting an increase of 81.34% compared to the same period last year [2] Full-Year Estimates - For the full year, Zacks Consensus Estimates predict earnings of $0.64 per share and revenue of $758.76 million, representing year-over-year changes of +346.15% and +100.22%, respectively [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for CleanSpark are important as they often indicate near-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong historical performance, with 1 rated stocks delivering an average annual return of +25% since 1988 [6] - CleanSpark currently holds a Zacks Rank of 3 (Hold), with a consensus EPS projection having decreased by 113.33% in the past 30 days [6] Valuation Metrics - CleanSpark is trading at a Forward P/E ratio of 19.42, which is higher than the industry average Forward P/E of 12.15, indicating that CleanSpark is trading at a premium compared to its peers [7] - The Financial - Miscellaneous Services industry, to which CleanSpark belongs, has a Zacks Industry Rank of 151, placing it within the bottom 39% of over 250 industries [7]
CleanSpark (CLSK) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-06-26 22:46
Core Viewpoint - CleanSpark's stock performance has outpaced major indices, with a notable increase over the past month, while upcoming financial results are anticipated to show significant revenue growth despite a projected decline in earnings per share [1][2][3]. Group 1: Stock Performance - CleanSpark (CLSK) increased by 1.98% to $10.81, outperforming the S&P 500, which gained 0.8% [1] - Over the past month, CleanSpark's shares have risen by 16.36%, while the Finance sector and S&P 500 gained 2.69% and 5.12%, respectively [1] Group 2: Financial Results Expectations - CleanSpark is expected to report an EPS of -$0.03, reflecting a 400% decline compared to the same quarter last year [2] - Revenue is projected to be $195.29 million, indicating an 87.58% increase year-over-year [2] Group 3: Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $0.62 per share and revenue at $777.01 million, representing increases of 338.46% and 105.03% from the previous year [3] - Recent analyst estimate revisions are crucial as they reflect confidence in CleanSpark's business performance [3] Group 4: Valuation Metrics - CleanSpark's Forward P/E ratio is currently 17.1, which is a premium compared to the industry average of 11.65 [6] - The Financial - Miscellaneous Services industry, part of the Finance sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [6] Group 5: Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates CleanSpark at 3 (Hold) [5] - The Zacks Consensus EPS estimate has decreased by 100% over the past month, indicating a cautious outlook [5]
CLSK Stock To Rise 2x?
Forbes· 2025-06-25 13:30
Core Insights - CleanSpark achieved a significant milestone with a hashrate of 50 EH/s, leading to a 13% stock surge on June 24, 2025, and plans to scale to 60 EH/s, raising questions about its investment potential [2] - The company exhibits strong revenue growth, with a 90.1% increase in revenues over the past 12 months, reaching $537 million, significantly outpacing the S&P 500's growth [3] - CleanSpark's adjusted EBITDA margin stands at 65% for 2024, indicating solid underlying profitability despite a reported operating loss [4] - The company's financial stability is robust, with a moderate Debt-to-Equity Ratio of 23.1% and a strong cash position of $934 million [5] - CleanSpark's stock has shown weaker resilience during market downturns, with a 95.6% decline during the Inflation Shock of 2022, compared to a 25.4% decline in the S&P 500 [7] - The stock's performance is closely tied to Bitcoin's volatility, posing additional risks to its valuation [8] - Overall, CleanSpark demonstrates strong growth and adjusted profitability, with an average analyst price estimate of $20 suggesting a potential 2x upside from current levels [8]
CleanSpark Reaches 50 EH/s Milestone; Escape Velocity in Action
Prnewswire· 2025-06-24 11:00
First publicly traded miner to reach this scale with fully self-operated infrastructure LAS VEGAS, June 24, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, today announced it has achieved its mid-year target of 50 exahashes per second (EH/s) of operational hashrate, a measure of computing power dedicated to mining Bitcoin. "Reaching 50 EH/s is a major milestone. It reflects years of focused strategy, disciplined execution, and a relentless commitment to doing things the right ...
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贝塔投资智库· 2025-06-18 04:17
Group 1: Hong Kong Stocks - Lehua Entertainment (02306) surged over 24% due to strong market performance of its toy IP "WUKUKU," with multiple new products setting sales records and the theme song exceeding 1 billion views [1] - United Energy Group (00467) rose over 7% after signing a 15-year production increase contract with Uzbekistan's UNG, involving 57.8 billion cubic meters of oil and gas production, with an initial investment of $100 million to expand into Central Asia [1] - Smoore International (06969) fell over 3% as shareholder Yiwei Lithium Energy plans to reduce its stake by 3.5% (216 million shares), resulting in a decrease of its holding to 27.23%, no longer being the controlling shareholder [1] - New World Development (00200) dropped over 5% after completing a "2 for 1" rights issue, issuing 758 million shares and raising HKD 771 million, with oversubscription of 13 times [1] - Fourth Paradigm (06682) increased over 7% after launching AI solutions for the manufacturing industry, covering production optimization to supply chain intelligence upgrades [1] - Shandong High-Tech Holdings (00412) rose over 4% as Zhongtai Securities highlighted significant synergy between its new energy and digital infrastructure, with a data center PUE value of 1.15, enhancing financial integration [1] - KANAT Optical (02276) increased over 4% due to an explosion in the smart glasses market (e-commerce transactions up 8 times), with Meta collaborating with Oakley to launch AI glasses, positioning the company with leading 3C enterprises [1] Group 2: Other Notable Stocks - Sipai Health (00314) rose over 7% after partnering with Anruijiaer to develop customized insurance, planning to sell 6 pharmacies for 5.89 million to focus on core medical insurance business [2] - SF Express (09699) increased over 5% after raising its delivery service revenue cap for 2025/26 to HKD 12.8 billion / HKD 20.5 billion, with demand growth exceeding expectations [2] - Liufu Group (00590) fell over 3% as it projected a 40% decline in profits for the 2025 fiscal year, primarily due to gold hedging losses and high base effects from acquisition gains [2] - Zhenjiu Lidu (06979) rose over 4% after announcing Yao Annan as the "Cultural Heritage Ambassador" for liquor, leveraging Huawei-related topics to boost brand visibility [2] - Ideal Auto-W (02015) dropped over 4% as Meituan's Wang Xing sold 5.73 million shares for HKD 600 million, reducing his stake to 20.61% [2] - Health Road (02587) surged over 7% as its liver disease AI management platform was selected for Beijing's digital medical verification program, supporting WHO's "2030 Hepatitis Elimination" goal [2] - Gilead Sciences-B (01672) rose over 5% after its psoriasis oral drug ASC50 completed the first dosing in Phase I clinical trials in the U.S., targeting the IL-17 pathway [2] - China Silver Group (00815) increased over 10% after partnering with Zefeng Gold to acquire a 55% stake in a lead-zinc exploration company, gaining exploration rights over 50.8 square kilometers in Tibet [2] Group 3: U.S. Stocks - Verve Therapeutics (VERV.US) skyrocketed over 80% as Eli Lilly prepares to acquire the gene-editing company for up to $1.3 billion, with $1 billion as an upfront payment and $300 million contingent on specific clinical milestones [4] - Solar energy stocks plummeted, with Sunrun (RUN.US) down over 40%, Solaredge Technologies (SEDG.US) down over 41%, and First Solar (FSLR.US) down over 22%, following a Republican proposal in the U.S. Senate to terminate wind and solar tax credits by 2028, raising concerns about the industry's outlook [4] - Reddit (RDDT.US) rose over 6% after launching the AI advertising tool Reddit Insights, enhancing ad targeting through real-time user trend analysis [4] - Bitcoin-related stocks fell, with CleanSpark (CLSK.US) down over 7% and Riot Platforms (RIOT.US) down over 5%, as Bitcoin prices dropped nearly 2% to $105,580 amid escalating tensions in the Middle East and high leverage positions in the derivatives market [4] - AMD (AMD.US) continued to rise 0.56% after officially launching the Zen5 architecture Ryzen Threadripper processors, covering the workstation and desktop markets, with a market share close to 50% in China for Q1, although there are concerns about its cost-performance ratio [5] - Brain Regen Technologies (RGC.US) surged over 30% after announcing a 38-for-1 stock split, coupled with FDA clinical trial approval news, although its actual business has no revenue and a very small float, indicating significant retail speculation [6] - Jabil (JBL.US) rose over 8%, reaching a new all-time high of $202.5, with Q3 revenue increasing 15% year-on-year to $7.83 billion, raising its full-year revenue forecast to $29 billion and planning a $500 million investment to support AI data center infrastructure [6] - Niu Technologies (NIU.US) increased over 11% after launching its new NX Play electric motorcycle on Douyin, integrating a smart riding system to enhance user experience [6] - T-Mobile US (TMUS.US) fell nearly 4% as SoftBank sold 21.5 million shares at $224 each, a 3% discount, triggering market sell-off [6] - The pharmaceutical sector saw widespread declines, with Eli Lilly (LLY.US) down over 2% and Novo Nordisk (NVO.US) down over 3%, as concerns grew over the potential impact of the U.S. Senate tax bill on the industry, coupled with profit-taking ahead of some companies' earnings reports [6] - The gold sector declined, with Gold Fields (GFI.US) down over 2.1%, and spot gold fell 0.27% to $3,375.53, as easing tensions in the Middle East reduced safe-haven demand, alongside Citigroup's bearish long-term gold price forecast [7]