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.

LOS ANGELES, Feb. 22, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against CleanSpark, Inc. ("CleanSpark" or "the Company") (NASDAQ: CLSK) for violations of §§10(b) and 20(a) of the Securities...

INVESTOR ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against CleanSpark, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--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 or costs through a contingency fee arrangement. WHAT TO D

CLSK IMPORTANT NOTICE: ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CleanSpark, Inc. Investors with Large Losses to Secure Counsel Before Important Deadline – CLSK

NEW YORK, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) is investigating claims on behalf of investors of CleanSpark, Inc. (“CleanSpark” or the “Company”) (NASDAQ: CLSK). A complaint has been filed on behalf of investors who purchased CleanSpark securities between December 31, 2020 and January 14, 2021 (the “Class Period”).

Investor Alert: Kaplan Fox Investigates Potential Securities Fraud at CleanSpark, Inc.

NEW YORK, Feb. 19, 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 DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against CleanSpark, Inc.– CLSK

This management team may have calmed investors' fears for now.

Why CleanSpark Stock Is Spiking Higher Today

New York, New York--(Newsfile Corp. - February 17, 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 or...

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

SALT LAKE CITY, Feb. 17, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK), (“CleanSpark, or the Company”), an advanced software and controls technology solutions company focused on solving modern energy challenges, will be participating in the Water Tower Research Fireside Chat Series on Thursday, February 18, 2021, at 3:00 pm ET. Topics covered will include a review of the most recent quarter's performance and an update on the 2021 outlook. The Company's residential initiative, new partnerships, and the growth and performance of its Bitcoin mining operations will also be highlighted.

CleanSpark to Discuss Fiscal Quarterly Earnings and Positive 2021 Outlook with Water Tower Research

CleanSpark Inc (NASDAQ:CLSK) said it has launched its mVoult residential solution, providing homeowners with a standalone energy management controller. Designed for home microgrids, mVoult is capable of directing the operations of both existing and new energy assets.

CleanSpark unveils mVoult residential energy management solution for homeowners

SALT LAKE CITY, Feb. 17, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a diversified software and services company, today announced the launch of mVoult (mvoult.com) for home microgrids. mVoult is a standalone energy management controller that is...

CleanSpark Launches mVoult, a Direct-to-Consumer Residential Microgrid Solution

NEW YORK, Feb. 16, 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”).

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

NEW YORK, Feb. 13, 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...

BREAKING NEWS: ROSEN, A LEADING LAW FIRM, Encourages CleanSpark, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline - CLSK

CleanSpark, Inc. (NASDAQ: CLSK) reported year-on-year revenue growth of 130% to $2.26 million in the fourth quarter of FY20, missing the consensus estimate of $2.83 million. Strong service, software, and related revenues and digital currency mining revenue drove the growth.

CleanSpark Reports Q4 Earnings, Expects Strong FY21 Revenue Growth

CleanSpark Inc (NASDAQ:CLSK) a developer of clean energy grid technology, posted fiscal first-quarter results that saw revenue more than double year-over-year, thanks to an expanded sales team and a newfound passion for bitcoin mining.  The company reported revenue of nearly $2.3 million, well above the $920,000 it brought in during the same period a year earlier.

CleanSpark doubles up fiscal 1Q revenue, continues to build bitcoin mining operation

SALT LAKE CITY, Feb. 12, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK)("the "Company"), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today reported results for the quarter ended December 31, 2020. Bitcoin Mining Helps...

CleanSpark, Inc. Reports Quarterly Financial Results for the Three-Months Ended December 31, 2020

NEW YORK--(BUSINESS WIRE)-- #CLSK--Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against CleanSpark, Inc. (CLSK)

Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against CleanSpark, Inc. (CLSK)

NEW YORK, Feb. 09, 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”).

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

CleanSpark, Inc. (NASDAQ:CLSK) has provided a 60-day post-acquisition update on its Bitcoin mining operations and said it expects to further increase its Petahash rate in February 2021, beyond prior projections.  The diversified software and services company pointed out that it has continued to procure and deploy mining equipment as part of its strategic growth initiative, purchasing its equipment mostly through dealer networks rather than directly through the manufacturers to ensure immediate availability.

CleanSpark updates on Bitcoin mining operations, expects to further increase its Petahash rate in February, beyond prior projections

SALT LAKE CITY, Feb. 9, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), a diversified software and services company today provided a 60-day post-acquisition update on its Bitcoin mining operations and announces that it expects to further increase its Petahash rate in...

CleanSpark Issues Bitcoin Mining Expansion Update

The stock price of CleanSpark Inc (NASDAQ: CLSK) has increased by over 12% today. This is why it happened.

CLSK Stock Price Increased Over 12%: Why It Happened

LOS ANGELES, Feb. 8, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against CleanSpark, Inc. ("CleanSpark" or "the Company") (NASDAQ: CLSK) for violations of §§10(b) and 20(a) of the Securities...

INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against CleanSpark, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Pioneer Power Solutions

FORT LEE, N.J.--(BUSINESS WIRE)--Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer Power" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has been awarded a $1.4 million equipment order for its distributed generation equipment from CleanSpark, Inc. (Nasdaq: CLSK), Pioneer Power's channel partner. This order represents equipment for additional store locations fo

Pioneer Power Announces New $1.4 Million Distributed Generation Order

New York, New York--(Newsfile Corp. - February 5, 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...

CLSK Breaking News: Rosen, A Leading National Firm, Encourages CleanSpark, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline - CLSK

BENSALEM, Pa., Feb. 5, 2021 /PRNewswire/ -- Law Offices of Howard G. Smith reminds investors of the upcoming March 22, 2021 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased CleanSpark, Inc. ("CleanSpark" or the "Company") (NASDAQ: CLSK)...

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against CleanSpark, Inc. (CLSK)

NEW YORK, Feb. 03, 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.

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

The company just reported a big sale -- and it has nothing to do with bitcoin.

News for CleanSpark Stock (CLSK)