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.

Bernardo Schucman to Lead CleanSpark's Atlanta Bitcoin Mining Center as the Company Expands its Bitcoin Mining Data Operations Bernardo Schucman to Lead CleanSpark's Atlanta Bitcoin Mining Center as the Company Expands its Bitcoin Mining Data Operations

CleanSpark Named to Russell 2000® Index and Welcomes Blockchain Expert Bernardo Schucman as Senior Vice President

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CleanSpark: Addressing Bitcoin Price Decline Impact And Quarterly Update

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SALT LAKE CITY, June 04, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a diversified software, services, and clean Bitcoin mining company today announced that CEO Zach Bradford and Executive Chairman Matt Schultz will be participating in the Water Tower Research Virtual Conference and Fireside Chat Series on Monday, June 7, 2021, at 1:00 pm ET.

CleanSpark Management to Appear in Water Tower Research Fireside Chat

Pioneer Power Solutions

Cleanspark Inc (NASDAQ: CLSK) has extended its contract manufacturing agreement with Pioneer Power Solutions, Inc (NASDAQ: PPSI). Pioneer Power can utilize Cleanspark's proprietary software products, including mPulse and GridFabric's OpenADR solutions under the arrangement.

Cleanspark, Pioneer Power Expand Contract Manufacturing Partnership; Cleanspark Becomes Think Microgrid Member

CleanSpark Inc (NASDAQ:CLSK) said it has extended and expanded a contract manufacturing agreement with Pioneer Power Solutions Inc (NASDAQ:PPSI) through to the end of 2023.  The software, services, and clean Bitcoin mining firm said as part of the new agreement, Pioneer Power has been granted expanded rights to utilize CleanSpark's proprietary software products, including mPulse and GridFabric's OpenADR solutions.

CleanSpark expands agreement with Pioneer Power Solutions, joins industry grouping

SALT LAKE CITY, June 03, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a diversified software, services, and clean Bitcoin mining company today announced that it had extended and expanded its contract manufacturing agreement with Pioneer Power Solutions, Inc., (Nasdaq: PPSI). The Company is also proud to announce its membership in Think Microgrid, a group of leading Microgrid and Energy companies, organized to advance state and federal policies.

CleanSpark Announces New Developments in its Microgrid Division

SAN DIEGO & WOODS CROSS, Utah--(BUSINESS WIRE)---- $CLSK #ClassAction--Shareholder rights law firm Robbins LLP is investigating CleanSpark, Inc. (NASDAQ: CLSK) to determine whether certain CleanSpark officers and directors violated the Securities Exchange Act of 1934 and breached their fiduciary duties to the Company. CleanSpark provides advanced software and controls technology solutions, including end-to-end microgrid energy modeling, energy market communications, and energy management solutions. If you suffered a

SHAREHOLDER ALERT: Robbins LLP is Investigating CleanSpark, Inc. (CLSK) on Behalf of Shareholders

CleanSpark Inc (NASDAQ:CLSK) announced it has entered into a collaborative memorandum of understanding (MOU) with Swiss wind turbine technology company FlowGen Ltd, in which the latter has agreed to use CleanSpark's mPulse controls solution in all of its microgrid projects globally. CleanSpark said it believes that by blending its software and controls technologies with FlowGen's wind-centric microgrid solutions it will enable the two companies to deliver reliable, efficient and resilient systems to their collective customer base.

CleanSpark partners with wind turbine tech company FlowGen for efficient renewable energy generation

SALT LAKE CITY, May 27, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and Bitcoin mining company, and FlowGen Ltd. ("FlowGen") an international wind turbine technology company, based in Zug, Switzerland, today announced they have entered into a collaborative memorandum of understanding ("MOU").

CleanSpark Executes Partnership with FlowGen Adding Advanced Renewables to Business Portfolio

CleanSpark Inc. (NASDAQ:CLSK) said it has completed the purchase of the six-acre property which houses ATL Data Centers LLC and the 41,387 square foot data center building. As a part of the transaction in December of 2020, CleanSpark acquired the existing Bitcoin mining ‘mobile data centers' within the facilities.

CleanSpark completes purchase of six-acre property which houses ATL Data Centers and the data center building

SALT LAKE CITY, May 26, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK)(“CleanSpark” or the “Company”), a diversified energy services and Bitcoin mining company, focused on solving modern energy challenges, today announced that it had completed the purchase of the six acre property which houses ATL Data Centers LLC and the 41,387 square foot data center building.

CleanSpark Finalizes Purchase of ATL Data Center Real Estate

CleanSpark Inc (NASDAQ:CLSK) has been winning praise from International Land Alliance Inc (OTCQB:ILAL), a land investment and development firm.  CleanSpark serves as the exclusive partner for the engineering, design, development, and controls of all renewable energy solutions across ILA's property portfolio, including the company's advanced solar-plus-storage power solutions at ILA's Plaza Bajamar development in Mexico.

CleanSpark wins praise for its solar micro grid system at Mexican resort; Solar Watt Solutions subsidiary inks California partnership

The partnership brings cost-effective renewable electric & thermal solar panels to Malibu, Santa Barbara and San Fernando Valley customers The partnership brings cost-effective renewable electric & thermal solar panels to Malibu, Santa Barbara and San Fernando Valley customers

Solar Watt Solutions and FAFCO Team Up To Expand CoolPV Solar Operations in Southern California

SALT LAKE CITY, May 17, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK)(“CleanSpark” or “the Company”), a diversified energy services and Bitcoin mining company, focused on solving modern energy challenges, today announced that CEO Zach Bradford will be participating in the Water Tower Research Virtual Conference and Fireside Chat Series on Tuesday, May 18, 2020, at 3:00 pm ET.

CleanSpark to Participate in Water Tower Research Fireside Chat Series on CleanSpark's Bitcoin Mining and Enterprise Computing Initiative Towards Zero-Emissions

CleanSpark Inc (NASDAQ:CLSK), a diversified energy services and Bitcoin (CRYPTO: $BTC) mining company headquartered in Salt Lake City, has purchased 2,400 additional S19-Pro rigs to further increase the hashrate efficiency of its mining fleet. What Happened: The new miners are scheduled for delivery and installation next month at the company's Bitcoin mining facility in Atlanta, replacing older-generation equipment that will be put up for sale.

CleanSpark Aims To Increase Energy Efficiency In Bitcoin Mining With 2,400 New Rigs

CleanSpark Inc (NASDAQ:CLSK) has purchased 2,400 Bitcoin mining S19-Pro rigs, which are expected to be delivered to its Atlanta mining operations in the first week of June. the company announced.

CleanSpark buys modern Bitcoin mining rigs to increase mining rate and energy efficiency

SALT LAKE CITY, May 13, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK)("CleanSpark" or "the Company"), a diversified energy services and Bitcoin mining company, focused on solving modern energy challenges, today announced the purchase of 2,400 additional S19-Pro rigs for delivery in the coming month to increase the overall hashrate efficiency of its mining fleet. The replacement of older-generation equipment is a strategic step in the Company's efforts to maximize energy efficiency in conjunction with its ESG focused approach to Bitcoin mining.

CleanSpark Acquires Additional S19-Pro Bitcoin Mining Rigs to Further Enhance Energy Initiative

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CleanSpark's (CLSK) CEO Zach Bradford on Q2 2021 Results - Earnings Call Transcript

CleanSpark Inc. (NASDAQ: CLSK) shares gained more than 5% Friday after the company reported second-quarter EPS and sales results that were up year-over-year. CleanSpark is an advanced software and controls technology solution company focused on solving modern energy challenges.

This Energy Company Is Gearing Up And Looks Ready For A Breakout

CleanSpark Inc (NASDAQ:CLSK) reports that it generated $7.4 million in second-quarter net income on rising revenues as the company expanded sales and marketing initiatives for its energy business.  For the three months ended March 31, the company marked revenue of $8.1 million, an increase of $4.4 million or 122% from $3.6 million for the same prior-year period.

News for CleanSpark Stock (CLSK)