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CleanSpark Reports Record-Breaking FY 2024 Results: Outpacing Halving and Difficulty
Prnewswire· 2024-12-02 21:05
Revenue grows 125% year over year Current hashrate surpasses 33.5 EH/s on track for 37 EH/sLAS VEGAS, Dec. 2, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the fiscal year ended September 30, 2024."Our performance this year reflects a sustained growth trajectory, solidifying our position as one of the top Bitcoin miners in the world, as we move into an anticipated new bull market," said CleanSpark CEO Zach Bradford. "Refl ...
CleanSpark: Bullish Buzz Or Resistance Ahead Before Q4 Reveal?
Benzinga· 2024-12-02 15:51
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.The company’s stock is up 61.78% over the past year, and 46.43% over the past month.Let’s look at what the charts indicate for CleanSpark stock and how the stock currently maps against Wall Street estimates.Read Also: As Bitcoin Surges, Coinbase Exec Expects Swift Legislation Thanks To Trump And The ‘Most Pro-Crypto Con ...
CleanSpark Executives to Discuss Fiscal Full Year 2024 Financial Results Via Webcast
Prnewswire· 2024-11-29 21:00
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. EST/ 1:30 p.m. PST on Monday, December 2, 2024. Results will be released after the close of regular trading on December 2, 2024.Webcast Information: To view the webcast, please click here.Downloadable files, including transcripts, will be available on the company website 48 hours after the event.About CleanSparkC ...
CleanSpark: Why The Shorts Have Got It Wrong
Seeking Alpha· 2024-11-28 07:14
CleanSpark (NASDAQ: CLSK ) is one of the many bitcoin miners that should have seen major appreciation in its stock value as Bitcoin almost reached a new high of $100,000. The stock price is up nearly 40% year to date; however, it has been tepid recentlyI am an environmental economist and a financial market enthusiast. My main investment interests include renewables, electric vehicles, software as a service, AI, and cryptocurrency. I enjoy investing in companies that are small or mid-caps with high potential ...
CleanSpark (CLSK) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-11-25 23:50
In the latest market close, CleanSpark (CLSK) reached $14.95, with a -0.99% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.3%. On the other hand, the Dow registered a gain of 0.99%, and the technology-centric Nasdaq increased by 0.27%.The the stock of company has risen by 32.57% in the past month, leading the Finance sector's gain of 4.87% and the S&P 500's gain of 2.1%.Analysts and investors alike will be keeping a close eye on the performance of CleanSpark in its upc ...
CleanSpark (CLSK) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-11-15 23:45
The latest trading session saw CleanSpark (CLSK) ending at $14.03, denoting a +0.36% adjustment from its last day's close. This change outpaced the S&P 500's 1.32% loss on the day. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq decreased by 2.24%.The company's stock has climbed by 19.28% in the past month, exceeding the Finance sector's gain of 3.14% and the S&P 500's gain of 1.55%.The upcoming earnings release of CleanSpark will be of great interest to investors.Add ...
CleanSpark: A Deep Dive Into Strategic Growth, Geographic Expansion And How To Capitalize On A BTC Mining Opportunity
Seeking Alpha· 2024-11-14 15:11
Seasoned investment professional with a strong foundation in financial markets. My approach is deeply rooted in bottom-up valuation, identifying opportunities at the fundamental level while factoring in macroeconomic trends. I leverage technical analysis to refine entry and exit points, ensuring precise timing in trade executions. My passion extends to portfolio management, with a focus on risk mitigation strategies. I specialize in utilizing options to hedge portfolios to maximize ROI during periods of mar ...
CleanSpark Announces Resumed Trading on Nasdaq of Common Stock
Prnewswire· 2024-11-11 15:55
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 10:15am EST on November 11, 2024. The previously imposed trading halt by Nasdaq was due to a clerical error relating solely to the outstanding warrants.About CleanSparkCleanSpark (Nasdaq: CLSK) is America's Bitcoin Miner®. We own and operate multiple data centers that primarily run on low-carbon power. Our infr ...
CleanSpark (CLSK) Flat As Market Gains: What You Should Know
ZACKS· 2024-11-08 23:51
CleanSpark (CLSK) closed at $13.57 in the latest trading session, marking no change from the prior day. The stock's change was less than the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 0.09%.The company's shares have seen an increase of 56.7% over the last month, surpassing the Finance sector's gain of 5.26% and the S&P 500's gain of 4.9%.Investors will be eagerly watching for the performance of CleanSpark in its upcoming earnings disclosure.Addi ...
CleanSpark Comments on Trading Halt Related to Clerical Warrant Conversion Error
Prnewswire· 2024-11-08 15:01
Core Viewpoint - CleanSpark, Inc. has clarified that the recent trading halt imposed by Nasdaq is not related to any issues with its business operations, financial statements, or SEC filings [1]. Group 1: Trading Halt and Warrant Issue - The trading halt was triggered by an error in the calculation of outstanding warrants and the shares underlying those warrants, which were originally issued by GRIID Infrastructure, Inc. and converted during CleanSpark's acquisition of GRIID on October 30, 2024 [2]. - The outstanding 13,800,000 warrants are intended to represent the right to purchase a total of 960,395 shares of CleanSpark's common stock at an exercise price of $165.24 per share, but the exchange ratio was incorrectly applied in some documentation [2][3]. - CleanSpark is actively working with Nasdaq to resolve the warrant calculation issue and to resume trading of its common stock and warrants [3]. Group 2: Company Overview - CleanSpark is recognized as America's Bitcoin Miner® and operates multiple data centers primarily powered by low-carbon energy [4]. - The company emphasizes its commitment to trust and transparency within its operations and the communities it serves [4].