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.

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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.

New York, New York--(Newsfile Corp. - March 9, 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...

Rosen, Global Investor Counsel, Encourages CleanSpark, Inc. Investors with Large Losses to Secure Counsel Before Important March 22 Deadline - CLSK

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CleanSpark Inc (NASDAQ:CLSK) announced Tuesday an additional purchase of 1,150 new miners, scheduled for delivery in June 2021, capable of producing 100 Petahashs per second (PH/s) of Bitcoin mining capacity. The company said it has now secured a total of 3,650 miners, or 318 PH/s of additional Bitcoin mining hash rate capacity, during the past two weeks for delivery and deployment in June and July 2021.

CleanSpark purchases an additional 1,150 Bitcoin mining rigs, targets 1.3 PH/s by summer's end

SALT LAKE CITY, March 9, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified technology company today announced an additional purchase of 1,150 new miners capable of producing 100 PH/s, scheduled for delivery in June 2021. Microgrid Leader Secures Additional Miners to Keep Pace with Energy Expansion The Company has now secured a total of 3,650 miners or 318 PH/s of additional Bitcoin mining hash rate capacity over the past two weeks for delivery and deployment in June and July 2021.

CleanSpark Bitcoin Mining Division Secures Additional Miners to Further Increase Hash Rate

NEW YORK, March 8, 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...

Rosen, Respected Investor Counsel, Encourages CleanSpark, Inc. Investors to Secure Counsel Before Important March 22 Deadline - CLSK

LOS ANGELES, March 5, 2021 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired CleanSpark, Inc. ("CleanSpark" or the "Company") (NASDAQ: CLSK) securities between...

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of CleanSpark, Inc. (CLSK) Investors

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of CleanSpark, Inc. (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021, inclusive (the “Class Period”).

CLSK MARCH 22 DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against CleanSpark, Inc. – CLSK

NEW YORK, March 03, 2021 (GLOBE NEWSWIRE) -- 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.

CLSK BREAKING ALERT: ROSEN, A LEADING LAW FIRM, Encourages CleanSpark, Inc. Investors to Secure Counsel Before Important March 22 Deadline – CLSK

LOS ANGELES, March 3, 2021 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming March 22, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired CleanSpark, Inc. ("CleanSpark" or...

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CleanSpark, Inc. (CLSK)

The estimation I came up with in August was highly speculative, however, now there are more concrete details to increase the accuracy of my predictions. While shorts have attempted to undermine the company's success, real world actions prove contradictory to the views in these reports.

CleanSpark, Inc.: Positive Outlook And Reevaluation Of Expectations

CleanSpark Inc (NASDAQ:CLSK) has secured for delivery an additional 2,500 ASIC mining rigs to provide an estimated 218 Petahashs per second (PH/s) of Bitcoin mining capacity.  The miners are expected to be delivered and immediately deployed throughout June and July 2021, the company said.

CleanSpark to add 2,500 more Bitcoin mining rigs and expand operations

SALT LAKE CITY, March 2, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), a diversified technology company today announced that it has secured for delivery an additional 2,500 ASIC mining rigs which are expected to provide an estimated 218 PH/s of Bitcoin mining hash...

CleanSpark Secures Additional Bitcoin Miners for Delivery and Deployment Early Summer

Philadelphia, Pennsylvania--(Newsfile Corp. - March 2, 2021) -  Berger Montague is investigating potential securities fraud claims against CleanSpark, Inc. ("CleanSpark" or the "Company") on behalf of investors who purchased CleanSpark securities (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021 (the "Class Period"). If you purchased CleanSpark securities during the Class Period, have questions concerning your rights or interests, or would like to discuss Berger Montague's investigation, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net...

CleanSpark News: Berger Montague Investigates Alleged Securities Fraud Claims Against CleanSpark, Inc.; Lead Plaintiff Deadline is March 22, 2021

NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) -- Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of  CleanSpark, Inc. (NASDAQ: CLSK) from December 31, 2020 through January 14, 2021, inclusive (the “Class Period”). The lawsuit seeks to recover damages for CleanSpark, Inc. investors under the federal securities laws.

NOTICE CLSK: Pawar Law Group Announces a Securities Class Action Lawsuit Against CleanSpark, Inc. – CLSK

New York, New York--(Newsfile Corp. - February 28, 2021) - WHY: New York, N.Y., February 28, 2021. 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...

Rosen, Globally Respected Investor Counsel, Encourages CleanSpark, Inc. Investors to Secure Counsel Before Important March 22 Deadline - CLSK

NEW YORK, Feb. 26, 2021 (GLOBE NEWSWIRE) -- 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.

ROSEN, A RANKED AND LEADING FIRM, Encourages CleanSpark, Inc. Investors to Secure Counsel Before Important Deadline – CLSK

SAN DIEGO--(BUSINESS WIRE)-- #CLSKstock--The suit alleges defendants issued false statements concerning CleanSpark business and prospects, resulting in its stock trading at inflated prices.

Robbins Geller Rudman & Dowd LLP Announces Lead Plaintiff Deadline in the CleanSpark, Inc. Class Action Lawsuit

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NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Bit Digital, Inc. (NASDAQ: BTBT), CleanSpark, Inc. (NASDAQ: CLSK), 9F, Inc. (NASDAQ: JFU), and AstraZeneca PLC (NASDAQ: AZN). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Bit Digital, CleanSpark, 9F, Inc., and AstraZeneca and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--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 firm's site: www.bgandg.com/cls

CLSK Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies CleanSpark, Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm

CleanSpark Inc (NASDAQ:CLSK) announced Wednesday that it has completed the strategic acquisition of Solar Watt Solutions Inc, a commercial and residential solar and energy-storage developer.  Based on the achievement of certain performance objectives, CleanSpark said that the total consideration for the transaction will be up to 477,703 company shares and up to $3,850,000 in cash.

CleanSpark completes acquisition of solar and energy-storage developer Solar Watt Solutions of Southern California

SALT LAKE CITY, Feb. 24, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software and services company, today announced that it has completed the strategic acquisition of Solar Watt Solutions, Inc. ("Solar Watt"), a Commercial and...

CleanSpark Completes Strategic Acquisition of Solar Watt Solutions

NEW YORK, Feb. 23, 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...

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CleanSpark, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline - CLSK

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CLEANSPARK, INC. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against purchased CleanSpark, Inc.

NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of CleanSpark, Inc. (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021, inclusive (the “Class Period”).

News for CleanSpark Stock (CLSK)