CleanSpark, Inc.

CLSK

US18452B2097

Blockchain & Cryptocurrency

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
19.23 ^USD	-1.59%		+11.80%	+74.34%

Apr. 12	CleanSpark Exercises Option to Buy Upgraded 100,000 Bitcoin Mining Machines	MT
Apr. 10	JPMorgan Raises Price Target on CleanSpark to $15 From $14, Maintains Neutral Rating	MT

CleanSpark, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2023

February 08, 2024 at 04:31 pm EST

CleanSpark, Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported revenue was USD 73.79 million compared to USD 27.82 million a year ago. Net income was USD 25.91 million compared to net loss of USD 29.03 million a year ago.

Basic earnings per share from continuing operations was USD 0.14 compared to basic loss per share from continuing operations of USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to diluted loss per share from continuing operations of USD 0.46 a year ago.

Latest news about CleanSpark, Inc.

CleanSpark Exercises Option to Buy Upgraded 100,000 Bitcoin Mining Machines	Apr. 12	MT
JPMorgan Raises Price Target on CleanSpark to $15 From $14, Maintains Neutral Rating	Apr. 10	MT
MicroStrategy leads crypto sector short losses with $2 bln hit since March	Apr. 10	RE
CleanSpark CleanSpark Reports Increase in Bitcoins Mined in March	Apr. 01	MT
Rising Rate Cut Hopes Buoy Exchange-Traded Funds, Equity Futures Pre-Bell Monday	Apr. 01	MT
Cleanspark, Inc. Reports Unaudited Bitcoin Mining and Operations Update for the Month Ended March 31, 2024	Apr. 01	CI
Cantor Fitzgerald Raises Price Target on CleanSpark to $20 From $10, Keeps Overweight Rating	Mar. 28	MT
Cleanspark Insider Sold Shares Worth $8,466,690, According to a Recent SEC Filing	Mar. 27	MT
Transcript : CleanSpark, Inc. - Special Call	Mar. 26
Chardan Raises Price Target on CleanSpark to $26 From $13, Keeps Buy Rating	Mar. 04	MT
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell as Traders Hope for Clues to Timing of Rate Cuts	Mar. 04	MT
Sector Update: Financial Stocks Mixed Late Afternoon	Mar. 01	MT
CleanSpark Reports Increase in Bitcoins Mined in February	Mar. 01	MT
Sector Update: Financial Stocks Rise Late Afternoon	Feb. 27	MT
Sector Update: Financial Stocks Mixed Tuesday Afternoon	Feb. 27	MT
CleanSpark Buys Three Bitcoin Mining Data Centers in Mississippi	Feb. 27	MT
CleanSpark, Inc. completed the acquisition of Three Turnkey Bitcoin Mining Facilities in Mississippi for $19.8 million.	Feb. 25	CI
CleanSpark, Inc. Exceeds 14 Eh/S as Sandersville Expansion Comes Online	Feb. 15	CI
Tech Higher as AI Ebullience Persists -- Tech Roundup	Feb. 09	DJ
Sector Update: Financial Stocks Advance Late Afternoon	Feb. 09	MT
Top Midday Gainers	Feb. 09	MT
Sector Update: Financial Stocks Edge Up Friday Afternoon	Feb. 09	MT
Sector Update: Financial	Feb. 09	MT
CleanSpark Gains Amid Swing to Fiscal Q1 Earnings	Feb. 09	MT
Positive Quarterly Earnings Boost Exchange-Traded Funds, Equity Futures Pre-Bell Friday	Feb. 09	MT

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Company Profile

CleanSpark, Inc. is a bitcoin mining company. The Company independently owns and operates approximately eight data centers in Georgia for a total developed capacity of 230 megawatts (MW). The Company is engaged in developing an additional 150 MW at its data center in Sandersville, Georgia. It does not host miners for any other companies, and has a partner in Massena, New York, who hosts approximately 50 MW for the Company. It operates around bitcoin mining machines, with a hash rate capacity of approximately 15 Exa hashes per second (EH/s) and a fleetwide efficiency of 28.4 joules per tera hash (J/TH). The Company's subsidiaries include ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, CSRE Properties Norcross, LLC, CSRE Property Management Company, LLC, CSRE Properties, LLC, CSRE Properties Washington, LLC, CSRE Properties Dalton, LLC, and CleanSpark HQ, LLC.

Sector

Blockchain & Cryptocurrency

Calendar

2024-05-07 - Q2 2024 Earnings Release

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Russell 2000

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Ratings for CleanSpark, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

19.23 USD

Average target price

23.33 USD

Spread / Average Target

+21.34%

Consensus

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Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
CLEANSPARK, INC.	+74.34%	4.33B
MARATHON DIGITAL HOLDINGS, INC.	-17.28%	5.2B
PHOENIX GROUP PLC	-1.34%	3.64B
RIOT PLATFORMS, INC.	-22.88%	3.02B
CIPHER MINING INC.	+8.96%	1.31B
HUT 8 CORP.	-33.96%	788M
BITDEER TECHNOLOGIES GROUP	-35.60%	754M
TERAWULF INC.	+2.92%	747M
BITFUFU INC.	-71.68%	503M
APPLIED DIGITAL CORPORATION	-56.38%	361M

Cryptocurrency Mining

CleanSpark, Inc.

Equities

CLSK

US18452B2097

Blockchain & Cryptocurrency

CleanSpark, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2023

EPS Revisions