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Cleanspark Inc - CLSK STOCK NEWS

Welcome to our dedicated news page for Cleanspark (Ticker: CLSK), a resource for investors and traders seeking the latest updates and insights on Cleanspark.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cleanspark's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cleanspark's position in the market.

Rhea-AI Summary
CleanSpark Inc. (CLSK) mined 7,391 bitcoins in 2023, a 60% increase over 2022. Bitcoin holdings grew over 1,200% to 3,002 BTC valued at approximately $135M USD. The company also achieved a record 720 bitcoins mined in December. CEO Zach Bradford expressed pride in the company's accomplishments and highlighted the completion of building structures for the Sandersville expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.85%
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none
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Rhea-AI Summary
CleanSpark Inc. (CLSK) mined 666 bitcoin in November, marking a 24% increase from the same period last year. The company also reported an improved efficiency of 26.4 J/Th and a significant increase in production from fees, indicating potential growth in revenue. Operational uptime reached an exceptional 99.98%, showcasing the team's dedication and skill.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.44%
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none
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Rhea-AI Summary
CleanSpark, Inc. (Nasdaq: CLSK) reports a 28% year-over-year revenue growth, with annual bitcoin production nearly doubling to 6,903. The FY2023 revenue stands at $168 million, with a net loss of $(137) million and Adjusted EBITDA of $25 million. The company also reports current cash and bitcoin holdings of approximately $168 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.44%
Tags
Rhea-AI Summary
CleanSpark Inc. (CLSK) will discuss its fiscal year 2023 financial results via a live webcast on November 30, 2023. Results will be released after the close of regular trading, with downloadable files available on the company website 48 hours after the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.34%
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Rhea-AI Summary
CleanSpark Inc. mined 633 bitcoin in October, increasing its bitcoin holdings to 2,311. The company achieved a hashrate of 10 exahashes per second (EH/s) with nearly 89,000 operational miners. CleanSpark's fleet-wide efficiency is estimated at 27.32 J/Th, and they expect to further improve efficiency with new machines. They sold 562 BTC in October for approximately $16 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.08%
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none
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Rhea-AI Summary
CleanSpark Inc. has achieved a total hashrate of 10 EH/s, making it one of the most efficient and fastest-growing publicly traded bitcoin miners in North America. The company's fleet wide efficiency is estimated at 27.8 J/TH. CleanSpark plans to reach a total hashrate of over 20 EH/s with the addition of 4.4 EH/s of Antminer S21 bitcoin mining machines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.82%
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none
Rhea-AI Summary
CleanSpark Inc. purchases 4.4 EH/s of Antminer S21 bitcoin mining machines, expected to arrive in January 2024. The machines are 20% more efficient than previous models and will increase capacity and drive down energy costs per bitcoin mined.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
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Rhea-AI Summary
CleanSpark closes out FY2023 with 2,240 bitcoins on its balance sheet, representing an 84% increase in bitcoin production compared to FY2022. Hashrate also increased by 131% compared to FY2022 yearend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.1%
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Rhea-AI Summary
CleanSpark reports strong bitcoin mining performance in August with 659 bitcoin mined and achieves operating hashrate of 9.3 EH/s. Total BTC holdings at 1,677. Construction underway for expansion in Sandersville, GA. Fall investor conference schedule announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
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none
Rhea-AI Summary
CleanSpark reports record revenue of $45.5 million for Q3 2023, with a net loss of $(14.2) million and Adjusted EBITDA of $13.3 million. Cash and bitcoin holdings stand at $125 million. Operating hashrate exceeds 9 EH/s, tripling year over year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.04%
Tags
Cleanspark Inc

Nasdaq:CLSK

CLSK Rankings

CLSK Stock Data

3.35B
192.54M
2.36%
39.82%
11.65%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States
Henderson

About CLSK

cleanspark’s vision is to empower communities through sustainable, secure, and reliable energy. cleanspark accomplishes this through its pioneering work in fractalgrid technologies and federated enterprise services. cleanspark brings clean, sustainable energy solutions to institutional, commercial, industrial, and residential customers by providing advanced energy management and modeling software and systems products to enable the integration, installation, and operation & maintenance of virtual power plants and microgrids. through cleanspark’s suite of clean energy solutions, the flex power system, cleanspark offers innovative solutions that deliver energy security at a price at or below the current price of electricity for a period of 25 years and beyond. founded in 2013 by the trio of michael firenze (president & ceo), art villanueva (cto & cso), and bryan huber (managing director, emerging markets), cleanspark arose as the confluence of the defense, engineering, technology, constru