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 |
|---|---|---|---|
| 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 |
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CERT - CLEANSPARK, INC. (0000827876) (Filer)
8-A12B - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
8-K - CLEANSPARK, INC. (0000827876) (Filer)
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
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 infrastructure responsibly supports Bitcoin, the world's most important digital commodity and an essential tool for financial independence and inclusion. We cultivate trust and transparency am
No Change to Company's Business, Operations or Financial Statements LAS VEGAS, Nov. 8, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today addressed the trading halt imposed by Nasdaq following an issue relating to the calculation of the number of outstanding warrants (NASDAQ:CLSKW) (the "Warrants") and the number of shares underlying those Warrants. The trading halt is not the result of any issue associated with CleanSpark's business, operations, filings with the SEC, financial statements or securities. The Warrants were origi
Mines 655 bitcoin, a 32% increase from the prior month Completes acquisition of GRIID Infrastructure Inc. LAS VEGAS, Nov. 4, 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 October 31, 2024. "October was another remarkable operational month in the books for CleanSpark. We also finalized the acquisition of GRIID Infrastructure Inc., adding more talented people to our team and a pipeline powered by the Tennessee Valley Authority (TVA) that we expec
Action comes following approval of merger by GRIID shareholders in October 28th vote CleanSpark expects to grow to over 400 MW of mining capacity in Tennessee LAS VEGAS, Oct. 31, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), announced today the completed acquisition of GRIID Infrastructure Inc. (NASDAQ:GRDI)("GRIID") on October 30, 2024, following approval of the transaction by stockholders of GRIID at the special meeting of its stockholders on October 28, 2024. "I'm pleased to announce the completion of our acquisition of GRII
Expects to continue growth to 50 EH/s in 2025 LAS VEGAS, Oct. 10, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today announced it has achieved 30 EH/s (exahashes per second) in operational hashrate. The Company's hashrate has surged 200% since October 2023 through significant organic growth paired with turn-key acquisitions and the execution of a fleet upgrade, improving efficiency during the same period by nearly 20% and boosting the number of operational machines by 112%. The efficiency improvement strategy has resulted in inc
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
Full operations have been materially restored from Hurricane Helene LAS VEGAS, Oct. 7, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), today announced normal operations have resumed after 365 MW of power was shut down in the wake of Hurricane Helene. The Company's hashrate has since reached 28.7 EH/s. "On behalf of the entire CleanSpark team and our community partners, I want to sincerely thank our amazing employees and utility workers for their incredible efforts in restoring power to the surrounding communities and the facilitie
Company finishes FY2024 with over 8,000 bitcoin in treasury, reaching 27.6 EH/s in hashrate and 552 MW of operational capacity at wholly-owned sites, increases of 258%, 187% and 132% from FY2023 respectively Despite the halving, CleanSpark exceeds FY2023 production LAS VEGAS, Oct. 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 September 30, 2024. "I would like to thank the communities where we operate for their continued support following Hu
Employees and infrastructure are safe LAS VEGAS, Sept. 30, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company") today provided comments and updates on the impact of Hurricane Helene. Statement from CEO Zach Bradford In the wake of Hurricane Helene's destructive path across the Southeastern United States, we extend our deepest condolences to the communities, families, and individuals who have suffered loss, damage, and disruption due to this catastrophic event. We recognize the immense challenges faced by those in regions where the storm
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SC 13G/A - CLEANSPARK, INC. (0000827876) (Subject)
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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
The machines, the most efficient to ever hit the market, are expected to start arriving in January 2024 CleanSpark's mining fleet is expected to average 23.5 joules per terahash (J/TH) once all machines are deployed LAS VEGAS, Oct. 11, 2023 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner™, today announced it has purchased 4.4 exahashes per second (EH/s) of the recently announced Antminer S21 bitcoin mining machines. The acquisition continues CleanSpark's track record as one of the largest, most efficient publicly traded bitcoin miners in North America. "
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
BTIG initiated coverage of Cleanspark with a rating of Buy and set a new price target of $45.00
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
In the run-up to the upcoming 2024 elections, analysts from research and brokerage firm Bernstein have suggested that Bitcoin (CRYPTO: BTC) traders may not have fully considered the possible victory of former President Donald Trump, an event that could significantly shake up the cryptocurrency market. What Happened: The Bernstein team, led by Gautam Chhugani, posits that the market has not accounted for a potential positive shift in cryptocurrency regulations if Trump is reelected in November, a Decrypt report stated Monday. They anticipate significant growth stemming from institutional investors allocating to cryptocurrency and associated stocks. Bernstein analysts are keeping a close
Investors with a lot of money to spend have taken a bullish stance on Cleanspark (NASDAQ:CLSK). And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CLSK, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 20 options trades for Cleanspark. This isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 35%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA PUT SWEEP BULLISH 07/19/24 $115.00 $30.7K 104.2K 175.2K AAPL PUT SWEE
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL TRADE NEUTRAL 07/19/24 $127.00 $33.8K 15.3K 68.8K MARA CALL SWEE
U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Monday. Shares of MicroStrategy Incorporated (NASDAQ:MSTR) rose sharply during Monday's session amid a rise Bitcoin. Bitcoin prices rose past the key $63,000 level on Monday. MicroStrategy shares jumped 11.5% to $1,556.89 during the session. Here are some other big stocks recording gains in today’s session. Trump Media & Technology Group Corp. (NASDAQ:DJT) shares jumped 32.8% to $41.03 following the attempted assassination of Donald Trump. The company's CEO Devin Nunes issued the following statement in response to the attempted assassination of President Donald J. Trump, “I offer my deepest sympath
Bitcoin (CRYPTO: BTC/USD) stocks including Marathon Digital Holdings, Inc (NASDAQ:MARA), CleanSpark, Inc (NASDAQ:CLSK), Coinbase Global, Inc (NASDAQ:COIN), Riot Platforms, Inc (NASDAQ:RIOT), MicroStrategy Inc (NASDAQ:MSTR) are trading higher Monday as Bitcoin surged past $63,000 for the first time in 12 days as U.S. institutional investors resumed purchasing after weeks of sell-offs. Currently, Bitcoin bulls and bears are fiercely contesting this level. Also Read: Following Coinbase And Stripe Deal, Fiat-To-Crypto Payments Players See Big Future Bitcoin has been in a downtrend for most of June, but prices began to stabilize in July as spot Bitcoin ETFs experienced positive flows.