CleanSpark

CleanSpark, Inc. is a Bitcoin mining and energy technology company, which engages in the provision of solutions to modern energy challenge and an advanced energy software and control technology. The company was founded by S. Matthew Schultz on October 15, 1987 and is headquartered in Henderson, NV.

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CleanSpark reports record bitcoin production but faces net loss

CleanSpark demonstrated strong bitcoin production growth but faced a net loss due to market conditions. The company's focus on proprietary mining, energy management, and efficiency positions it well for future growth. By exploring strategic expansion, technology adoption, and potential acquisitions, CleanSpark aims to enhance its competitive edge.

CleanSpark reports strong Q2 earnings, poised for growth and efficiency

CleanSpark's Q2 2023 earnings call showcased robust financial performance, operational advancements, and strategic positioning for growth in the cryptocurrency mining sector.
While facing challenges in sustaining growth momentum and managing operational complexities, the company's strong balance sheet and focus on efficiency offer a solid foundation.
Opportunities lie in expanding hash rate capacity, optimizing infrastructure, and leveraging financial strength for strategic initiatives and market diversification.
Overall, CleanSpark's performance, strengths, and proactive approach to challenges position them well to capitalize on opportunities and navigate the evolving cryptocurrency landscape.

CleanSpark excels in Q3 with strong revenue growth and Bitcoin strategy

CleanSpark's Q3 performance reflects strong revenue growth, improved margins, and enhanced EBITDA, driven by strategic Bitcoin management and operational efficiency.
The company's strengths lie in its financial stability, mining capacity expansion, and commitment to innovation through data center expansions and immersion cooling technology.
While facing challenges in risk management, efficiency optimization, and regulatory uncertainties, CleanSpark is well-positioned to leverage opportunities in market dynamics and technology advancements.

CleanSpark reports record revenue and efficiency gains, eyes strategic growth

CleanSpark's strong financial performance, strategic acquisitions, and focus on efficiency position them well for future growth and expansion.
Challenges lie in improving energy efficiency, executing expansion plans, and navigating potential mergers and acquisitions.
Opportunities abound in enhancing efficiency, exploring M&A for market value maximization, and expanding mining capacity to reach targets.

CleanSpark reports stellar Q1 results, eyes Bitcoin halving opportunities

CleanSpark delivered impressive financial performance, operational achievements, and strategic initiatives in Q1 2024, reflecting strong growth momentum
The company's strengths lie in its robust financial position, operational resilience, and technological capabilities, positioning it well for future success
While facing challenges such as post-halving price impact and market uncertainties, CleanSpark can leverage opportunities in Bitcoin adoption and mining industry growth for sustained growth

CleanSpark achieves record revenue and EBITDA, poised for growth

CleanSpark's Q2 2024 performance reflects robust growth in revenue and EBITDA, driven by bitcoin production and strategic initiatives. The company's strong financial position, expansion into Wyoming, and M&A strategy position it well for future growth and industry consolidation.

CleanSpark exceeds $100M revenue, strengthens mining capabilities with acquisitions

CleanSpark delivered strong financial performance in Q3 2024, surpassing $100 million in revenue and showcasing operational efficiency and market leadership.
While facing a net loss driven by non-cash items, the company's balance sheet remains robust, supported by a significant Bitcoin holding and strategic partnerships.
To sustain profitability, CleanSpark needs to address challenges related to the net loss and focus on optimizing operational costs and mining efficiency while capitalizing on growth opportunities.

CleanSpark reports stellar FY 2024 results, eyes sustainable Bitcoin growth

CleanSpark's fiscal year 2024 showcased remarkable financial performance, marked by substantial revenue growth and improved operational efficiency.
The company's strategic focus on Bitcoin mining and infrastructure expansion, coupled with a strong balance sheet, positions it for sustainable growth.
While challenges exist in balancing priorities and managing growth, CleanSpark's commitment to innovation and exploration of new opportunities presents a promising outlook.

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CleanSpark, Inc. is a bitcoin mining technology company, which engages in the management of data centers. Its operations include College Park, Norcross, Washington, Sandersville, Dalton, and Massena. The company was founded by S. Matthew Schultz and Bryan Huber on October 15, 1987 and is headquartered in Henderson, NV.

SALT LAKE CITY, Aug. 23, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a sustainable bitcoin mining and diversified energy company, announced today that CEO Zach Bradford will participate in Water Tower Research's Sustainable Investing Fireside Chat Series on Tuesday, August 24, 2021, at 1:30 p.m. EDT.

CleanSpark to Discuss its Bitcoin Mining Growth with Water Tower Research

CleanSpark Inc, a Nevada-based energy technology and clean Bitcoin mining firm, has released its smart residential microgrid solution, mVoult to customers in California. Designed for homes and small businesses, mVoult is built off of the same platform as CleanSpark's existing, patented mPulse product, which the firm says is “tough enough for the military and is also flexible enough to be used in commercial, industrial, and estate home applications.

CleanSpark introduces smart residential microgrid with mobile app to Californians

SALT LAKE CITY, Aug. 19, 2021 /PRNewswire/ --  CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and Bitcoin mining company, today announced an update to ongoing roll-out of mVoult, the Company's smart energy system and companion mobile app designed specifically for homes and small businesses. CleanSpark's Residential Microgrid Solution, mVoult Available for California Customers.

CleanSpark Rolls Out Smart Residential Microgrid Solution and Mobile App, mVoult

Shares of CleanSpark (CLSK), an energy-technology and cryptocurrency-mining company, dropped significantly in Tuesday's trading session after it reported Q3 earnings.

Why CleanSpark (CLSK) Stock Got Crushed Today

CleanSpark Inc (NASDAQ: CLSK) shares are trading lower Tuesday after the company announced worse-than-expected second-quarter financial results. The company reported a quarterly loss of $0.38 per share, below the earnings estimate of $0.07 cents per share.

CleanSpark Energy May Have Broken Below A Key Support Level

Revenue is growing, but the company shocked investors with the size of its quarterly loss.

Why CleanSpark Stock Got Hammered Today

Cleanspark Inc (NASDAQ:CLSK) is trading lower Tuesday after the company announced worse-than-expected financial results.  Cleanspark reported a quarterly earnings loss of 38 cents per share, which came in below the estimate for earnings of 7 cents per share.

Why Cleanspark Shares Are Trading Lower Today

CleanSpark, Inc. has reported results for the three and nine-month periods ended June 30, 2021, showing very strong revenue growth and a big boost to working capital.

CleanSpark posts results for three and nine-month periods ended June 30, 2021, showing very strong revenue growth and a big boost to working capital

SALT LAKE CITY, Aug. 17, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), a clean Bitcoin mining and diversified software and services company, yesterday reported results after the close of the US markets for the three and nine months ended June 30, 2021. August Bitcoin Run-Rate to Achieve Annualized Revenue of $137M to $154M, with Significant Expansion Anticipated.

CleanSpark, Inc. Reports Financial Results for its Third Quarter Ended June 30, 2021

CleanSpark, Inc. (CLSK) CEO Zach Bradford on Q3 2021 Results - Earnings Call Transcript

CleanSpark, Inc. said it has closed on the acquisition of an additional nearly 87,000 square foot data center in Norcross, Georgia, to substantially increase the company's Bitcoin mining operation.

CleanSpark closes acquisition of an additional nearly 87,000 square foot data center in Georgia, substantially increase its Bitcoin mining operation

SALT LAKE CITY, Aug. 10, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a clean Bitcoin mining and diversified software and services company, today announced that it has closed on its acquisition of an additional nearly 87,000 square foot data center in Norcross, Georgia, to substantially increase the Company's Bitcoin mining operation. CleanSpark's Newest 20MW Bitcoin Mining Facility Expected to Boost Total Daily Bitcoin Production to 18 BTC Per Day.

CleanSpark Acquires Second Data Center to Increase Bitcoin Mining Capacity

Bitfarms Ltd

BIT Mining Limited

Coinbase

Riot Blockchain

Block

Today's news, however, is insignificant compared to what's coming in a couple weeks.

Why Bitcoin Mining Stocks Were Soaring on Monday

SALT LAKE CITY, Aug. 04, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a clean Bitcoin mining and a diversified software and services company, today announced that it will hold the Company's third quarter 2021 live virtual earnings presentation and business update for investors and analysts on August 16, 2021 at 1 p.m. PST/4 p.m. EST.

CleanSpark Announces its Third Quarter 2021 Earnings Call Date and Time

CleanSpark, Inc. has announced updates to a number of strategic initiatives related to its Bitcoin and Energy business units.

CleanSpark updates on a number of strategic initiatives related to its Bitcoin and Energy business units

SALT LAKE CITY, Aug. 3, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a clean Bitcoin mining and a diversified software and services company, today announced updates to a number of strategic initiatives related to its Bitcoin and Energy business units. CLSK Tops 6 Bitcoin Per Day, Deploys 200 MicroGrid Batteries.

CleanSpark Provides Updates on Bitcoin Mining and Energy Operations

SALT LAKE CITY, July 15, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a diversified software, services and clean Bitcoin mining company, today announces its exhibition of CleanBlok at Mining Disrupt® on July 21st in Miami, Florida. CleanSpark is also a sponsor of this year's conference.

CleanSpark's 95% Carbon-Free Bitcoin Mining Division to Showcase at Mining Disrupt®

Bitcoin miner Cleanspark Inc (NASDAQ: CLSK) collaborated with environmental, social, and corporate governance (ESG) focused digital currency data center operator Coinmint to deploy nearly 25 MW of its Bitmain S19 Pro miners at a Coinmint operated location. The financial terms of the partnership remain undisclosed.

CleanSpark Partners With ESG Crypto-Miner Coinmint

CleanSpark Inc (NASDAQ:CLSK), a diversified software, services and bitcoin mining company, said it has struck an agreement with new partner Coinmint to potentially deploy nearly 25 megawatts (MW) of its highly efficient Bitmain S19 Pro miners at a location operated by Coinmint. The Salt Lake City, Nevada-based company said it plans to deploy around 750 PH/s in hashrate capacity at Coinmint's facility in Massena, New York between July and September this year.

CleanSpark strikes agreement with ESG-focused crypto miner Coinmint

SALT LAKE CITY, July 14, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services and Bitcoin mining company, today announced that it has entered into an agreement with a new partner, Coinmint, pursuant to which it expects to deploy nearly 25 MW of its highly efficient Bitmain S19 Pro miners at a location operated by Coinmint. CleanSpark, Coinmint to Collaborate on Bitcoin Mining Zero-Carbon Solutions, Equipment Deployment.

CleanSpark Announces Agreement with ESG-Focused Crypto-Miner, Coinmint

Company Executive Chairman Will Also Present in Renmark's Virtual Roadshow Company Executive Chairman Will Also Present in Renmark's Virtual Roadshow

CleanSpark CEO to Participate in Water Tower Research Fireside Chat

The Bitcoin network hash rate decline is a silver lining for companies like CleanSpark (CLSK) as they would have a higher mining output than currently priced in by the market. Technicals and valuation metrics like the stock to flow model signal bullish rebound is just a matter of time.

CleanSpark: A Clever Way To Play Bitcoin FUD

CleanSpark Inc (NASDAQ:CLSK) has announced the operating results of a microgrid project recently commissioned in San Diego, saying it resulted in a significant decrease in operational costs. The diversified software, services, and bitcoin mining company, and wholly owned subsidiary Solar Watt Solutions, partnered with RSI Roofing on implementation of the solar-plus-storage microgrid system.

CleanSpark updates performance of newly commissioned Southern California microgrid

Solar and Storage Microgrid Project Delivers Significant First Month Energy Cost Savings Solar and Storage Microgrid Project Delivers Significant First Month Energy Cost Savings

CleanSpark Updates Performance of Newly-Commissioned Southern California Microgrid

CleanSpark Inc (NASDAQ:CLSK) said its stock will be added to the Russell 2000 Index at the market open on June 28, 2021.  The company also announced the appointment of blockchain veteran Bernardo Schucman as senior vice president of its Atlanta-based Bitcoin mining center.

News for CleanSpark Stock (CLSK)