CleanSpark, Inc. provides energy software and control technology solutions worldwide. It offers distributed energy systems that allow customers to design, engineer, communicate, and manage renewable energy generation, storage, and consumption; and microgrids, which comprise generation, energy storage, and smart distribution assets that serve a single or multiple loads connected to the utility grid and separate from the utility grid for commercial, industrial, defense, campus, and residential users. The company's products include mPulse software suite, a modular platform that provides intelligent control of a microgrid; and microgrid value stream optimizer that offers a robust distributed energy and microgrid system modeling solution. It also provides critical power switchgear and hardware solutions, including parallel switchgear, automatic transfer switches, and related control and circuit protective equipment solutions; technology-based consulting services comprising design, marketing/digital content, engineering and SalesForce development, and strategy services; and distributed energy microgrid system design and engineering, and project consulting services. In addition, the company offers open automated demand response (OpenADR) and other middleware communication protocol software solutions, such as Canvas, an OpenADR virtual top node built for testing and managing virtual end nodes; and Plaid, a software solution that allows internet connected products to add load shifting capabilities into APIs. Further, it owns a gasification technology and process for converting waste and organic materials into synthesis gas, which is used as fuel for power plants, motor vehicles, jets, duel-fuel diesel engines, gas turbines, steam boilers, and as feedstock for the generation of di-methyl ether. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is based in Woods Cross, Utah.
IPO Year:
Exchange: NASDAQ
Website: cleanspark.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/10/2024 | $10.50 → $17.00 | Neutral → Overweight | Analyst |
| 9/25/2024 | $20.00 | Outperform | Macquarie |
| 12/8/2023 | $9.00 → $8.00 | Overweight → Neutral | JP Morgan |
| 10/31/2023 | $5.30 | Outperform | Bernstein |
| 10/11/2023 | $5.50 | Overweight | JP Morgan |
| 12/9/2022 | $5.00 | Overweight | Cantor Fitzgerald |
| 7/26/2022 | $6.00 | Buy | H.C. Wainwright |
| 6/3/2022 | $12.00 | Buy | Chardan Capital Markets |
| 12/22/2021 | $16.00 | Buy | H.C. Wainwright |
SC 13G/A - CLEANSPARK, INC. (0000827876) (Subject)
SC 13G/A - CLEANSPARK, INC. (0000827876) (Subject)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
3 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
4 - CLEANSPARK, INC. (0000827876) (Issuer)
Brian Carson was promoted from his previous role, director of financial reporting LAS VEGAS, Oct. 7, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), has announced the appointment of Brian Carson as chief accounting officer. In his prior role as director of financial reporting at CleanSpark, Carson led teams responsible for financial closing activities, report management, spend analysis, system-implementations, training, and auditing. He successfully maneuvered ever-changing rules in the cryptocurrency industry to ensure short- and
As a result of the transaction Cleanspark expects to add over 400 MW in Tennessee over the next 2 years CleanSpark's total announced, planned, and owned capacity now sits at over 1 GW of premium infrastructure in support of America's rapidly advancing technological environment LAS VEGAS, June 27, 2024 (GLOBE NEWSWIRE) -- CleanSpark Inc. (NASDAQ:CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (NASDAQ:GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the
December Co-Location Business Revenue increased 34% M/M December Self-Mining Business Revenue increased 27% M/M Completed second Co-Location Customer Deployment of ~6 MW and ~1,764 miners December Total Revenue of about $5.97 million, up 24% M/M PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure company, announced today its unaudited business and operational update for December 2023. Rahul Mewawalla, CEO and President, commented, "We are extremely pleased to deliver another robust month of significant revenue growth with 34% month-on-month revenue growth in our co-location business and 27%
ATLANTA, GA / ACCESSWIRE / August, 9, 2023 / BitMine Immersion Technologies, Inc. (OTC:BMNR) ("BitMine," the "Company"), a technology company specializing in immersion technology for Bitcoin mining, is pleased to announce the appointment of Lori Love to its board of directors. Lori has vast experience in both Bitcoin mining as well as helping to grow an important public company miner into a substantial organization.Jonathan Bates, BitMine Chairman and CEO, was quoted as saying, "I couldn't be more thrilled add Lori to our growing team. She was formative in the growth of Cleanspark (NASDAQ:CLSK) from a smaller OTC Markets company with Bitcoin mining operations, into one of the largest NASDAQ
LAS VEGAS, Dec. 01, 2022 (GLOBE NEWSWIRE) -- CleanSpark Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today announced the appointment of Amanda Cavaleri to its board of directors. "Amanda's deep experience, wisdom, and relationships in policy and advocacy, not to mention her energy-first approach to bitcoin mining, make her a valuable member of our board as regulatory and political scrutiny grows in the coming years," said Matthew Schultz, CleanSpark's executive chairman. "But what I like most about Amanda is her own experience as a bitcoin miner. She understands better than most what is at stake when it comes to proof-of-work mining—not just for the Bitcoin system, but
New York, March 02, 2021 (GLOBE NEWSWIRE) -- - Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) signs deal with Neo Performance Materials to launch rare earths production program in US and Europe click here - Tartisan Nickel Corp (CSE:TN) (OTCMKTS:TTSRF) (FRA:8TA) poised for geophysical survey at flagship Kenbridge nickel-copper-cobalt project click here - Psyched Wellness Ltd (CSE:PSYC) (OTCQB:PSYCF) (FRA:5U9) says it received 'positive' results from its Maximum Tolerated Dosage study of AME-1 click here - Medexus Pharmaceuticals Inc (CVE:MDP) (OTCQX:MEDXF) (FRA:P731) doubles fiscal 3Q revenue to record C$31.5M click here - Q BioMed Inc (OTCQB:QBI
Revenue grows 125% year over year Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS 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. "Reflecting on the past year, our results in FY 2024 and the positioning o
LAS VEGAS, Sept. 17, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company") today announced it has acquired two Bitcoin mining sites and associated land near Clinton, Mississippi, and closed on its second site in Wyoming. The Mississippi acquisitions have a combined purchase price of $5.775 million and will support a total of 16.5 MW. The sites are currently partially complete and the purchase price includes the cost to complete construction of the site infrastructure. The site will be delivered to the Company turnkey ready with an expecte
FY2024 Third Quarter Revenue of $104.1 million, net loss of ($236.2) million and Adjusted EBITDA of ($12.7) million Revenue grows 129% year over year Current hashrate surpasses 22 EH/s Partners with Coinbase on $50 million line of credit LAS VEGAS, Aug. 9, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the three months ended June 30, 2024. "We had a tremendous quarter with a 24% increase in hashrate during the quarter and an 21% increase in efficiency year to date. We are also executing on
LAS VEGAS, Aug. 9, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® announced the new date and time for its fiscal third quarter 2024 financial results, now scheduled for today, August 9, 2024, at 4:30 PM ET / 1:30 PM PT. Webcast Information: To view the webcast, please click here. Conference Call Information:North America Toll-Free: (888) 330-2137International Toll: +1 (646) 960-0143Conference ID: 1382915 Downloadable files, including transcripts, will be available on the company website 48 hours after the event. About CleanSpark CleanSpark (NASDA
Initial 30 MW immersion-cooled data center expected to add over 2 EH/s to Company's hashrate in 2024 LAS VEGAS, Aug. 1, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® today announced it has executed 75 MW of power contracts and completed the acquisition of its first Bitcoin mining site in Wyoming. The first site, with a power capacity of 30 MW, is expected to add over 2 exahashes per second (EH/s) to CleanSpark's hashrate once operational. The Cheyenne location is planned to operate as a fully immersion-cooled site, becoming the second such facili
LAS VEGAS, July 31, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner®, will discuss its fiscal third quarter 2024 financial results via a live webcast beginning at 4:30 p.m. EST/ 1:30 p.m. PST on Thursday, August 8, 2024. Results will be released after the close of regular trading on August 8, 2024. Webcast Information: To view the webcast, please click here. Conference Call Information: North America Toll-Free: (888) 330-2137International Toll: +1 (646) 960-0143Conference ID: 1382915Downloadable files, including transcripts, will be available on the
FY2024 Second Quarter Revenue of $111.8 million, net income of $126.7 million and Adjusted EBITDA of $181.8 million Revenue grows 163% YoY Current hashrate surpasses 17 EH/s LAS VEGAS, May 9, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET. "We've achieved remarkable milestones this past quarter, ultimately becoming what we believe to be the top operator at scale in the industry
Operations have already commenced at the three facilities, with an expected hashrate of 2.4 EH/s once fully loaded with S21s LAS VEGAS, Feb. 27, 2024 /PRNewswire/ -- CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). "We are thrilled to start operating in Mississippi with our latest expansion. The teams have already racked miners, sending our
FY2024 First Quarter Revenue of $73.8 million, net income of $25.9 million and Adjusted EBITDA of $69.1 million Revenue grows 165% year over year Current hashrate surpasses 12.5 EH/s LAS VEGAS, Feb. 8, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended December 31, 2023. "This quarter's operational and financial performance sets the stage for what's to come," said Zach Bradford, CEO."This quarter's performance is a powerful reminder of what we're capable of when we channel
Revenue grows 28% year over year; annual bitcoin production nearly doubles to 6,903 FY2023 Revenue of $168 million, net loss of $(137) million and Adjusted EBITDA of $25 million Reports current cash and bitcoin holdings of approximately $168 million LAS VEGAS, Nov. 30, 2023 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for its fiscal year ended September 30, 2023. "This past fiscal year has been one of substantial growth and success for CleanSpark," said Zach Bradford, CEO."This past fiscal year has b
10,097 bitcoin held in treasury, all produced from mining activity LAS VEGAS, Jan. 9, 2025 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today announced a significant milestone, achieving over 10,000 bitcoin in its treasury, all self-mined exclusively from its U.S.-based mining operations. "Surpassing the 10,000-bitcoin mark reflects CleanSpark's commitment to operational excellence, strategic growth, and disciplined capital management," said Zach Bradford, Chief Executive Officer and President of CleanSpark. "This accomplishment is a
Mines 668 bitcoin in December and 7,024 bitcoin in 2024 287.9% hashrate growth with 33.3% efficiency improvement year over year LAS VEGAS, Jan. 6, 2025 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending December 31, 2024. "2024 marked a transformative year for CleanSpark, where we achieved true escape velocity in our industry," said Zach Bradford, CEO and President of CleanSpark. "We have firmly established ourselves as a U.S. leader in operational hashr
CleanSpark has achieved 37.5 EH/s in operating hashrate with a fleet efficiency of 17.7 J/Th Accelerates guidance for 50 EH/s, expected in first half of 2025 LAS VEGAS, Dec. 23, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today announced it has achieved and exceeded the previously announced year-end target of 37 EH/s of operating hashrate. The Company's newest data centers in Tennessee and Wyoming were energized last week. This is part of a multistage energization process that will continue into the next quarter. The added has
LAS VEGAS, Dec. 17, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it completed its previously announced offering (the "Offering") of $650 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the "Convertible Notes"). The Convertible Notes were sold to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The aggregate principal amount of Convertible Notes sold in the offering of $650 million is inclusive of $100 million
LAS VEGAS, Dec. 13, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced the pricing of its offering of $550 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the "Convertible Notes"). The Convertible Notes will be sold to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Key Elements of the Transaction: $550 m
LAS VEGAS, Dec. 12, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it intends to offer, subject to market conditions and other factors, $550 million aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). CleanSpark also expects to grant the i
Mines 622 bitcoin and achieves daily production high of over 21 bitcoin Increases hashrate and efficiency month over month by over 7% and 6% respectively LAS VEGAS, Dec. 3, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending November 30, 2024. "Our teams have been relentlessly executing, making progress towards our year-end hashrate goal of 37 EH/s while improving our efficiency," said CleanSpark CEO Zach Bradford. "Two turnkey bitcoin mining sites n
Revenue grows 125% year over year Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS 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. "Reflecting on the past year, our results in FY 2024 and the positioning o
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 CleanSpark CleanSpark (NASDAQ:CLSK), America's Bitcoin Miner®, is a market-leadi
Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
10-K - CLEANSPARK, INC. (0000827876) (Filer)
NT 10-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
CERT - CLEANSPARK, INC. (0000827876) (Filer)
8-A12B/A - CLEANSPARK, INC. (0000827876) (Filer)
CERT - CLEANSPARK, INC. (0000827876) (Filer)
Analyst upgraded CleanSpark from Neutral to Overweight and set a new price target of $17.00 from $10.50 previously
Macquarie initiated coverage of CleanSpark with a rating of Outperform and set a new price target of $20.00
JP Morgan downgraded CleanSpark from Overweight to Neutral and set a new price target of $8.00 from $9.00 previously
Bernstein initiated coverage of CleanSpark with a rating of Outperform and set a new price target of $5.30
JP Morgan initiated coverage of CleanSpark with a rating of Overweight and set a new price target of $5.50
Cantor Fitzgerald initiated coverage of CleanSpark with a rating of Overweight and set a new price target of $5.00
H.C. Wainwright resumed coverage of CleanSpark with a rating of Buy and set a new price target of $6.00
Chardan Capital Markets initiated coverage of CleanSpark with a rating of Buy and set a new price target of $12.00
H.C. Wainwright resumed coverage of CleanSpark with a rating of Buy and set a new price target of $16.00
BTIG Research initiated coverage of CleanSpark with a rating of Buy and set a new price target of $45.00