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.

Cleanspark Inc (NASDAQ: CLSK) reported second-quarter FY21 revenue growth of 122% year-on-year to $8.1 million, missing the analyst consensus of $8.77 million. Revenue from Digital Agency rose 43.6% Y/Y to $0.43 million, and Digital Currency Mining revenue was $6.72 million.

Cleanspark Stock Is Trading Higher After Q2 Earnings Beat, Producing 144 Bitcoins

SALT LAKE CITY, May 6, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today reported results for the three and six months ended March 31, 2021. CleanSpark Reports Net income For Second Quarter of $7.4 million or $0.28 basic earnings per share.

CleanSpark, Inc. Reports Quarterly Financial Results for the Quarter Ended March 31, 2021

SALT LAKE CITY, May 05, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK)(“CleanSpark” or the “Company”), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today announced that it will hold the Company's second quarter 2021 live virtual earnings presentation and business update for investors and analysts on May 7, 2021 at 8 a.m. PST/11 a.m. EST.

CleanSpark Announces its Second Quarter 2021 Earnings Call Date and Time

CleanSpark Inc (NASDAQ:CLSK) has reported that its executed microgrid sales contracts have increased by 220% since February 12, 2021, to more than $23.5 million as of April 18. The company also said it produced more than 144 Bitcoins during the quarter that ended on March 31, while mining a total of 205 Bitcoins since acquiring its cryptocurrency operations on December 10.

CleanSpark says microgrid contracts surge by 220% in two months to more than $23.5 million

SALT LAKE CITY, April 19, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and Bitcoin mining company, today announced an update on its business operating units, including microgrids, unaudited Bitcoin ("BTC") production and holdings through March 31, 2021 and April 18, 2021. CleanSpark's Contracted Microgrid Projects Increase by 220%, Bitcoin Business Growing Exponentially.

CleanSpark Announces $16.2 Million Increase in Microgrid Contracts, a 220% Improvement

CleanSpark Inc (NASDAQ:CLSK) said it has secured “multiple” contracts for equipment to boost its bitcoin mining capacity. The contracts for the mining equipment will allow the company to meet its objective of a total rate capacity of more than 1.1 EH/s by this summer.

CleanSpark adds another 22,860 Bitcoin mining rigs to boost production capacity

Shares of CleanSpark Inc. surged 5.6% in morning trading Thursday, after the energy software and bitcoin mining company said it has bought 22,680 additional bitcoin miners, which the company expects will provide it with a total of mining production capacity of over 3.2 EH/s. The stock's rally comes as bitcoin rose 0.4%, to trade just shy of Tuesday's record close of $63,434.45, according to FactSet data.

CleanSpark stock surges after deal to buy nearly 23,000 more bitcoin miners

SALT LAKE CITY, April 15, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and Bitcoin mining company, today announced that it has secured multiple contracts for mining equipment. New Bitcoin Miners Give CleanSpark 3.2 EH/s Mining Capacity Following Deployment.

CleanSpark Purchases 22,680 Additional Bitcoin Miners and Anticipates 3.2 EH/s Capacity After Deployment

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Bitcoin mining stocks have been big winners over the past year benefiting from the bull market in cryptocurrencies. The industry is quickly evolving with a profitable business model at current bitcoin prices.

Sizing Up 12 Bitcoin Mining Stocks

CleanSpark Inc (NASDAQ:CLSK) has ordered 4,778 additional Bitmain S19 model Bitcoin mining rigs, the company announced Friday.  The Salt Lake City-based software and Bitcoin mining company expects to receive 1,298 of the units for deployment this summer and the remaining 3,480 units in twelve equal monthly shipments beginning in November 2021.

CleanSpark buys 4,778 more Bitcoin mining rigs, works toward carbon-free mining

Shares of CleanSpark Inc. charged up 2.5% in morning trading Friday, after the energy software company said it was buying 4,778 more Bitmain S19 bitcoin mining rigs, which is expected to deliver an estimated 740 PH/s of additional mining capacity. Separately, the company said it also bought 48 mobile mining data centers to house the rigs.

CleanSpark stock rises after buying nearly 4,800 bitcoin mining rigs, nearly 50 mobile data centers

SALT LAKE CITY, March 26, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and Bitcoin mining company, today announced the order of 4,778 additional Bitmain S19 model Bitcoin mining rigs. The Company expects to receive 1,298 of the units for deployment in summer 2021 and the remaining 3,480 units in twelve equal monthly shipments starting in November 2021.

CleanSpark Purchases Bitcoin Mining Equipment and Infrastructure; Discloses Current 95% Carbon-Free Mining

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 Announces it is Investigating CleanSpark, Inc. (CLSK) on Behalf of Shareholders

CleanSpark Inc (NASDAQ:CLSK) said it has executed more than 50 new contracts under its residential initiative in less than one month following its acquisition of Solar Watt Solutions. The company noted the additional contracts for residential microgrids and battery energy storage solutions executed since February 24 have a face value exceeding $1.7 million.

CleanSpark implements more than $1.7M in new contracts following its acquisition of Solar Watt Solutions

SALT LAKE CITY, March 23, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software, services, and bitcoin mining company, today announced that it has executed more than 50 new contracts under its residential initiative in less than one month following its acquisition of Solar Watt Solutions (Solar Watt). These additional CleanSpark and Solar Watt contracts for residential microgrids and battery energy storage solutions executed since February 24th have a face value exceeding $1,700,000.

CleanSpark Provides Residential Sales Update Following Solar Watt Solutions Acquisition

New York, New York--(Newsfile Corp. - March 22, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CleanSpark, Inc. (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021, inclusive (the "Class Period"), of the important March 22, 2021 lead plaintiff deadline.SO WHAT: If you purchased CleanSpark securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees...

CLSK Final Deadline Today: Rosen, Top Ranked Investor Counsel, Encourages CleanSpark, Inc. Investors to Secure Counsel Before Important March 22 Deadline in Securities Class Action - CLSK

New York, New York--(Newsfile Corp. - March 22, 2021) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against CleanSpark, Inc. ("CleanSpark" or "the Company") (NASDAQ: CLSK) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired CleanSpark securities between December 31, 2020 and January 14, 2021, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the...

CLSK Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies CleanSpark, Inc. Investors of Class Action and Lead Plaintiff Deadline: March 22, 2021

LOS ANGELES, March 22, 2021 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against CleanSpark, Inc. ("CleanSpark" or "the Company") (NASDAQ: CLSK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between December 31, 2020 and January 14, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before March 22, 2021.

DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against CleanSpark, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

New York, New York--(Newsfile Corp. - March 21, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Cleanspark, Inc. ("Cleanspark, Inc.") (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cleanspark, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 22, 2021 - CLSK

New York, New York--(Newsfile Corp. - March 21, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Cleanspark, Inc. (NASDAQ: CLSK) alleging that the Company violated federal securities laws.Class Period: December 31, 2020 and January 14, 2021Lead Plaintiff Deadline: March 22, 2021Learn more about your recoverable losses in CLSK:

CLSK ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of March 22, 2021 in the Class Action Filed on Behalf of Cleanspark, Inc. Limited Shareholders

NEW YORK, March 21, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CleanSpark, Inc. (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021, inclusive (the "Class Period"), of the important March 22, 2021 lead plaintiff deadline. SO WHAT: If you purchased CleanSpark securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages CleanSpark, Inc. Investors to Secure Counsel Before Important Monday Deadline in Securities Class Action - CLSK

Los Angeles, California--(Newsfile Corp. - March 21, 2021) -  The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against CleanSpark, Inc. ("CleanSpark" or "the Company") (NASDAQ: CLSK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between December 31, 2020 and January 14, 2021, inclusive...

DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against CleanSpark, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - March 19, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against CleanSpark, Inc. ("CleanSpark" or "the Company") (NASDAQ: CLSK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between December 31, 2020 and January 14, 2021, inclusive...

DEADLINE MONDAY ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against CleanSpark, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

SALT LAKE CITY, March 18, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark"), a diversified software, services, and bitcoin mining company, today announced the closing of its previously announced underwritten public offering of 9,090,910 shares of common stock at a public offering price of $22.00 per share for aggregate gross proceeds of approximately $200 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. CleanSpark Successfully Closes $200M Equity Raise For Growth.

CleanSpark Announces Closing of $200 Million Underwritten Public Offering of Common Stock

LOS ANGELES--(BUSINESS WIRE)---- $CLSK #investors--The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CleanSpark, Inc. (CLSK)

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