Technology -
Software - Application - NASDAQ - US
$ 11.87
6.17 %
$ 3.47 B
Market Cap
-17.2
P/E
1. INTRINSIC VALUE
Balance Sheet
CleanSpark, Inc.
| Current Assets | 705 M |
| Cash & Short-Term Investments | 554 M |
| Receivables | 139 M |
| Other Current Assets | 12.9 M |
| Non-Current Assets | 1.26 B |
| Long-Term Investments | 0 |
| PP&E | 873 M |
| Other Non-Current Assets | 384 M |
| Current Liabilities | 188 M |
| Accounts Payable | 83 M |
| Short-Term Debt | 58.8 M |
| Other Current Liabilities | 46.1 M |
| Non-Current Liabilities | 13.9 M |
| Long-Term Debt | 997 K |
| Other Non-Current Liabilities | 12.9 M |
EFFICIENCY
Earnings Waterfall
CleanSpark, Inc.
| Revenue | 379 M |
| Cost Of Revenue | 166 M |
| Gross Profit | 213 M |
| Operating Expenses | 362 M |
| Operating Income | -149 M |
| Other Expenses | -3.27 M |
| Net Income | -146 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CleanSpark, Inc.
| Net Income | -146 M |
| Depreciation & Amortization | 155 M |
| Capital Expenditures | -806 M |
| Stock-Based Compensation | 29.6 M |
| Change in Working Capital | 16.5 M |
| Others | -272 M |
| Free Cash Flow | -1.04 B |
Wall Street Analysts Price Targets
CleanSpark, Inc.
Wall Street analysts predict an average 1-year price target for CLSK of $25.3 , with forecasts ranging from
a
low of
$22 to a high of $27 .
CLSK Lowest Price Target
Wall Street Target
22 USD
85.34%
CLSK Average Price Target
Wall Street Target
25.3 USD
113.42%
CLSK Highest Price Target
Wall Street Target
27 USD
127.46%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
CleanSpark, Inc.
Sold
0-3 MONTHS
49.5 K USD 2
3-6 MONTHS
257 K USD 2
6-9 MONTHS
44.1 K USD 1
9-12 MONTHS
32.6 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 weeks ago
Dec 27, 2024
|
Sell 14 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
10.4 USD |
|
1 month ago
Dec 20, 2024
|
Sell 0
USD
|
Bradford Zachary
CEO and President
|
- 12000
|
0 USD |
|
1 month ago
Nov 29, 2024
|
Sell 19.4 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
14.35 USD |
|
2 months ago
Oct 25, 2024
|
Sell 16 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
11.88 USD |
|
3 months ago
Sep 27, 2024
|
Sell 14.1 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
10.44 USD |
|
4 months ago
Sep 12, 2024
|
Sell 205 K
USD
|
Wood Thomas Leigh
Director
|
- 22222
|
9.24 USD |
|
4 months ago
Aug 30, 2024
|
Sell 14.5 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
10.77 USD |
|
5 months ago
Jul 26, 2024
|
Sell 22.9 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
16.97 USD |
|
6 months ago
Jun 28, 2024
|
Sell 21.6 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
16.03 USD |
|
7 months ago
May 31, 2024
|
Sell 22.5 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
16.65 USD |
|
9 months ago
Mar 27, 2024
|
Sell 8.47 M
USD
|
Schultz S. Matthew
Executive Chairman
|
- 367000
|
23.07 USD |
|
10 months ago
Mar 21, 2024
|
Sell 9 M
USD
|
Bradford Zachary
CEO and President
|
- 443000
|
20.31 USD |
|
10 months ago
Feb 27, 2024
|
Sell 7.64 M
USD
|
Bradford Zachary
CEO and President
|
- 363900
|
21 USD |
|
10 months ago
Feb 27, 2024
|
Sell 6.75 M
USD
|
Schultz S. Matthew
Executive Chairman
|
- 322400
|
20.95 USD |
|
10 months ago
Feb 27, 2024
|
Sell 549 K
USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
- 26244
|
20.93 USD |
|
11 months ago
Feb 14, 2024
|
Sell 196 K
USD
|
Beynon Roger Paul
Director
|
- 10976
|
17.85 USD |
|
1 year ago
Dec 08, 2023
|
Sell 417 K
USD
|
McNeill Larry
Director
|
- 40000
|
10.42 USD |
|
2 years ago
Dec 16, 2022
|
Bought
34.5 K USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
+ 19400
|
1.78 USD |
|
2 years ago
Feb 17, 2022
|
Bought
45.1 K USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
+ 4400
|
10.25 USD |
|
2 years ago
Feb 16, 2022
|
Bought
37.5 K USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
+ 3357
|
11.18 USD |
|
2 years ago
Feb 14, 2022
|
Bought
130 K USD
|
Wood Thomas Leigh
Director
|
+ 15000
|
8.7 USD |
|
3 years ago
Jun 16, 2021
|
Sell 115 K
USD
|
McNeill Larry
Director
|
- 6000
|
19.09 USD |
|
3 years ago
Jun 17, 2021
|
Sell 99 K
USD
|
McNeill Larry
Director
|
- 5000
|
19.81 USD |
|
3 years ago
Jun 29, 2021
|
Sell 69.2 K
USD
|
McNeill Larry
Director
|
- 4000
|
17.31 USD |
|
3 years ago
Jul 02, 2021
|
Bought
16.7 K USD
|
Bradford Zachary
CEO and President
|
+ 83333
|
0.2 USD |
|
3 years ago
Jul 02, 2021
|
Bought
16.7 K USD
|
Schultz S. Matthew
Executive Chairman
|
+ 83333
|
0.2 USD |
|
3 years ago
Jul 02, 2021
|
Bought
16.7 K USD
|
McNeill Larry
Director
|
+ 83333
|
0.2 USD |
|
6 years ago
Jan 09, 2019
|
Bought
41.5 K USD
|
McNeill Larry
Director
|
+ 500000
|
0.083 USD |
|
6 years ago
Jan 09, 2019
|
Bought
20.8 K USD
|
Bradford Zachary
CFO
|
+ 250000
|
0.083 USD |
|
6 years ago
Feb 15, 2018
|
Sell 90 K
USD
|
Schultz S. Matthew
CEO
|
- 450000
|
0.2 USD |
|
8 years ago
Nov 04, 2016
|
Sell 124 K
USD
|
Schultz S. Matthew
CEO
|
- 1500000
|
0.083 USD |
|
8 years ago
Nov 04, 2016
|
Sell 124 K
USD
|
Bradford Zachary
CFO
|
- 1500000
|
0.083 USD |
7. News
All crypto miners are not 'created equal': Analyst
As cryptocurrency regulation is expected to ease under the incoming Trump administration, Clear Street senior research analyst Brian Dobson joins Market Domination to analyze crypto mining prospects for 2025. "Not all miners are created equal," Dobson tells Yahoo Finance.
youtube.com
- 1 week ago
CleanSpark Releases December 2024 Bitcoin Mining Update
Mines 668 bitcoin in December and 7,024 bitcoin in 2024 287.9% hashrate growth with 33.3% efficiency improvement year over year LAS VEGAS , Jan. 6, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending December 31, 2024. "2024 marked a transformative year for CleanSpark, where we achieved true escape velocity in our industry," said Zach Bradford, CEO and President of CleanSpark.
prnewswire.com
- 1 week ago
Here is What to Know Beyond Why Cleanspark, Inc. (CLSK) is a Trending Stock
CleanSpark (CLSK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.com
- 2 weeks ago
CleanSpark Exceeds 2024 Year-End Guidance of 37 EH/s and Accelerates 2025 Guidance
CleanSpark has achieved 37.5 EH/s in operating hashrate with a fleet efficiency of 17.7 J/Th Accelerates guidance for 50 EH/s, expected in first half of 2025 LAS VEGAS , Dec. 23, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced it has achieved and exceeded the previously announced year-end target of 37 EH/s of operating hashrate. The Company's newest data centers in Tennessee and Wyoming were energized last week.
prnewswire.com
- 3 weeks ago
MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
After a massive rally over the past quarter, shares of MicroStrategy Inc. NASDAQ: MSTR started to face some controversy regarding the underlying business model and methods of this technology stock accumulating Bitcoin on their balance sheet through shareholder dilution. However, that pressure quickly subsided after a recent announcement that could boost the company higher.
marketbeat.com
- 4 weeks ago
CleanSpark, Inc. Announces Closing of Offering of $650 Million Zero-Coupon Convertible Notes
LAS VEGAS , Dec. 17, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it completed its previously announced offering (the "Offering") of $650 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the "Convertible Notes"). The Convertible Notes were sold to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
prnewswire.com
- 1 month ago
CleanSpark, Inc. Announces Pricing of $550 Million Convertible Notes Offering
LAS VEGAS , Dec. 13, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced the pricing of its offering of $550 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the "Convertible Notes"). The Convertible Notes will be sold to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
prnewswire.com
- 1 month ago
CleanSpark, Inc. Announces Proposed Private Offering of $550 Million of Convertible Notes
LAS VEGAS , Dec. 12, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it intends to offer, subject to market conditions and other factors, $550 million aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). CleanSpark also expects to grant the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including the date on which the Convertible Notes are first issued, up to an additional $100 million aggregate principal amount of the Convertible Notes.
prnewswire.com
- 1 month ago
Bear of the Day: CleanSpark (CLSK)
CleanSpark ( CLSK ) is a $4 billion technology enterprise that call's itself "America's Bitcoin Miner." I ran a year-to-date look at CLSK shares vs some other prominent miners.
zacks.com
- 1 month ago
Is CleanSpark (CLSK) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
zacks.com
- 1 month ago
Bitcoin Miners CleanSpark, Cipher Mining Win JPMorgan Support For Growth, Efficiency Edge
JPMorgan doesn't often issue upgrades to two bitcoin miners at once, but that's exactly what happened on Tuesday with CleanSpark Inc CLSK and Cipher Mining Inc CIFR.
benzinga.com
- 1 month ago
Bitcoin Miner CleanSpark Has 'Solid, Albeit Relatively Quiet' Quarter, Ready For Growth, Says Analyst
CleanSpark Inc CLSK shares were down on Tuesday, even after the company reported upbeat fourth-quarter results.
benzinga.com
- 1 month ago
8. Profile
Summary
CleanSpark, Inc. CLSK
COUNTRY
US
INDUSTRY
Software - Application
MARKET CAP
$ 3.47 B
Dividend Yield
0.00%
Description
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. 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 headquartered in Henderson, Nevada.
Contact
2370 Corporate Circle, Henderson, NV, 89074
https://www.cleanspark.com
IPO
Date
Nov. 16, 2016
Employees
130
Officers
Mr. Zachary K. Bradford CPA
Chief Executive Officer, President & Director
Mr. Scott Garrison
Chief Operating Officer
Mr. Brian Carson
Chief Accounting Officer
Mr. Taylor Monnig
Chief Technology Officer
Mr. Bradley Audiss
Senior Vice President of Operations
Ms. Natasha Betancourt
Chief of Staff
Mr. Harry E. Sudock
Senior Vice President
Mr. S. Matthew Schultz
Executive Chairman
Mr. Gary A. Vecchiarelli CPA
Chief Financial Officer